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Metrics moves to compulsorily acquire BNPL underdog despite objections

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Metrics Credit Partners is escalating its fight for struggling buy now, pay later outfit Payright.

The $19 billion non-banking lending giant has moved to compulsorily acquire the company it picked off the ASX last year over the objections of 12 vocal minority shareholders.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/metrics-moves-to-compulsorily-acquire-bnpl-underdog-despite-objections-20241211-p5kxll