Tech

Afterpay shares will postpone the meeting to vote for $ 29 billion in fair trade

Australia’s Afterpay Ltd shares fell 5% early on Thursday after Twitter co-founder Jack Dorsey, led by Square Inc, postponed a shareholders’ meeting to vote for a $ 29 billion deal. Did.

Afterpay added that the country’s largest transaction was expected to close in the first quarter of 2022.

Afterpay is https: //cdn-api.markitdigital, the scheme meeting scheduled for December 6 has been postponed until the New Year, and US fintech company Square has been approved by the Bank of Spain by mid-January. Are expected. com / apiman-gateway / ASX / asx-research / 1.0 / file / 2924-02461311-3A582701? access_token = 83ff96335c2d45a094df02a206a39ff4.

Square changed its name to Block Inc on Wednesday. This is because we aim to extend beyond the payments business to new technologies such as blockchain.

Earlier this week, Dorsey resigned as Twitter CEO.

Afterpay’s share fell 5.5% in early trading to its lowest since July 30th. Square fell 6.6% on Wednesday.

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Afterpay shares will postpone the meeting to vote for $ 29 billion in fair trade

Source link Afterpay shares will postpone the meeting to vote for $ 29 billion in fair trade

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