“We’re thrilled to welcome the iZettle team to the PayPal family and are excited to expand the ways we serve our small business customers,” said Bill Ready, chief operating officer, PayPal. About PayPal. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 300 million consumer and merchant accounts in more than 200 markets to join and thrive in the global economy. More information about these and other factors can be found in PayPal Holdings, Inc.’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission (the “SEC”), and its future filings with the SEC. This press release features multimedia. 2. PayPal Completes Acquisition of iZettle . www.izettle.com. PayPal at the time said the closed $2.2 billion deal builds on the company’s products and services that are geared toward small businesses in a press release at the time. This transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate growth and deliver a seamless commerce experience for merchants.“Today is a very big day – for me and for everyone at iZettle,” de Geer said. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions.Prior to the closing of the acquisition, the UK Competition and Markets Authority (CMA) initiated a review of the transaction. Together, we will be stronger and move even faster to help small businesses succeed in a world of giants. Press Release Details. PayPal and iZettle brands and operations will be held separate as agreed with the CMA, pending completion of the CMA’s review.SAN JOSE, Calif.--PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD. “We share PayPal’s strong belief in the power of small businesses. "Today is a very big day - for me and for everyone at iZettle," de Geer said. Launching with a special offer to help businesses streamline payment acceptance with a FREE iZettle card reader . This transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate growth and deliver a seamless commerce experience for merchants.“Today is a very big day – for me and for everyone at iZettle,” de Geer said. Forward-looking statements and information relate to future events and future performance and reflect PayPal’s expectations regarding the impact of this transaction on PayPal’s and iZettle’s financial and operating results and business, the operation and management of iZettle after the acquisition. "This announcement contains "forward-looking" statements within the meaning of applicable securities laws. PayPal Completes Acquisition of iZettle 114.5 KB SAN JOSE, Calif.--(BUSINESS WIRE)-- PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD. Magnus Nilsson, co-founder and Executive Chairman of iZettle, also joins PayPal.PayPal expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and, accordingly, readers should not place undue reliance on forward-looking statements and information. Go to the PayPal or iZettle website to learn more. “iZettle brings a suite of products and services that allows merchants to meet their customers where they are – online, in store or via mobile. UK digs deeper into PayPal, iZettle deal 26 NOV 2018 The UK’s Competition and Markets Authority (CMA) launched a full investigation into the impact of PayPal’s purchase of mobile payment terminal provider iZettle, on concerns it could be detrimental to small- … Change Volume 52 Week High 52 Week Low Jul 20, 2020 4:12 AM EDT.
Forward-looking statements and information relate to future events and future performance and reflect PayPal's expectations regarding the impact of this transaction on PayPal's and iZettle's financial and operating results and business, the operation and management of iZettle after the acquisition. Release+Image PayPal Logo SAN JOSE, Calif.--PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD.
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