Afterpay

Equities

APT

AU000000APT1

Delayed Australian S.E. Other stock markets 12:10:49 2022-01-19 am EST			5-day change	1st Jan Change
66.47 ^AUD	-2.18%		-.--%	-.--%

2023	Afterpay Partners with Rokt to Expand Ads Business and Offer Shoppers More Relevant Ecommerce Experiences	CI
2022	Afterpay’S New Monthly Payment Solution Gives Consumers More Ways to Pay	CI

Afterpay gets shareholder nod for Block Inc buyout; majority of proxy votes in favour of deal

December 13, 2021 at 06:01 pm EST

(Reuters) - Buy now pay later firm Afterpay Ltd said on Tuesday its $29 billion buyout by Block Inc, previously known as Square, got overwhelming support from shareholders, with 99.79% of the proxy votes cast in favour of the deal.

Afterpay delayed the vote earlier this month as payments firm Block awaited regulatory approval from the Bank of Spain. While Block has still not got the approval, Afterpay said it got court orders to hold a meeting to amend the conditions of the deal.

The Bank of Spain approval has to come by April 14 next year to close the deal.

If the deal closes, it will be Block's biggest to date and the largest buyout ever of an Australian firm. Block's investors have already approved the deal.

Twitter Inc co-founder Jack Dorsey is expected to focus on Block, which was also founded by him, after stepping down as CEO of the social media platform.

(Reporting by Arundhati Dutta in Bengaluru)

Latest news about Afterpay

Afterpay Partners with Rokt to Expand Ads Business and Offer Shoppers More Relevant Ecommerce Experiences	Nov. 16	CI
Afterpay’S New Monthly Payment Solution Gives Consumers More Ways to Pay	22-10-05	CI
Afterpay and Sephora Canada Partner to Bring Prestige Beauty to Canadian Shoppers	22-09-29	CI
Salesforce downgrades, Maersk drops out, Intel turns the corner: World Press Review of Friday, August 26	22-08-26
Afterpay and Sephora Partner to Make Prestige Beauty Accessible to More Customers	22-07-13	CI
Jack Dorsey's Block beats profit estimates, Australian shares soar	22-02-24	RE
Afterpay Removed from Australian Bourse's Official List	22-02-02	MT
Tech Stocks Edge Higher Premarket Tuesday	22-02-01	MT
Block Completes Afterpay Acquisition; Square Offers US, Australia Merchants Buy Now Pay Later Service	22-01-31	MT
Afterpay Limited Announces Board Changes	22-01-31	CI
Lanai (AU) 2 Pty Ltd ) completed the acquisition of Afterpay Limited.	22-01-30	CI
Buy now, pay later firms Zip, Sezzle confirm merger talks	22-01-24	RE
Afterpay Limited(ASX:APT) dropped from FTSE All-World Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX 300 Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX 100 Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX 200 Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX 50 Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX 20 Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P/ASX All Ordinaries Index	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P Global 1200	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P International 700	22-01-20	CI
Afterpay Limited(ASX:APT) dropped from S&P Global BMI Index	22-01-20	CI
TIMELINE-Afterpay's meteoric rise as a lending pioneer	22-01-19	RE
Australian shares dragged lower by financials, tech stocks	22-01-19	RE
Australian shares hit 1-month low on tech sell-off	22-01-19	RE

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Company Profile

Afterpay Limited is an Australia-based technology company. The Company's primary activities include technology-driven payments solutions for customers and merchants through its Afterpay and Pay Now services and businesses. The Company's segment includes : Afterpay Asia Pacific, Afterpay North America, Clearpay and Pay Now. Afterpay Asia Pacific segment comprises of Afterpay platforms in Australia, New Zealand, and Asia. Afterpay North America segment comprises of Afterpay platforms in the United States of America and Canada. Clearpay segment comprises of Clearpay platforms in the United Kingdom and Europe. Pay Now segment Comprises of mobility, health, and e-services. The Company offers both online and in-store purchases services to the customers.

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