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‘Walk away’: fund manager lashes Zip’s bid for Sezzle

Tom Richardson

A toxic cocktail of bad debts, negative cashflows, rising interest rates and under-pressure balance sheets could worsen the blow to the shares of buy now, pay later juniors Zip Co and Sezzle, fund managers say.

Andrew Brown of East 72 says Zip Co should scrap its offer to acquire Sezzle.  Peter Braig

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Tom Richardson was a journalist at The Australian Financial Review

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    Original URL: https://www.afr.com/markets/equity-markets/walk-away-fund-manager-lashes-zip-s-bid-for-sezzle-20220519-p5ammh