Afterpay takeover vote delayed as it waits on Spanish bank

Afterpay’s shareholder vote on its $39 billion takeover has been delayed as it awaits approval from Spain’s central bank, a development that could also potentially push back the date by which the deal closes.

announced in August. The all-scrip deal will be the biggest takeover in Australian history if it goes ahead, and Afterpay shareholders had been due to vote on the takeover next Monday.of the transaction, Aferpay co-founders Anthony Eisen and Nicholas Molnar support the buyout and investors are also expected to support the deal.

Meanwhile, Square announced on Thursday it was changing its name to Block, as it sought to highlight the growing number of businesses beyond the white payment terminals that are part of its “Seller” business. said the Square name was tied to its merchant business, which provides small white payment terminals to retailers.

Block?

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