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Klarna Removes Investor Veto on Share Trades Ahead of $20bn IPO

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May 29, 2024
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Klarna, the leading buy now pay later (BNPL) finance company, has made a significant change to its shareholder structure ahead of a potential $20 billion US float. The Stockholm-based company, which boasts approximately 150 million customers, recently informed its investors that it has taken control of stock transaction approvals and removed special rights held by a small number of its principal…

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