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Shift4 Payments Announces Acquisition of Global Blue

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Shift4 Payments Announces Acquisition of Global Blue

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An announcement from Shift4 Payments ( (FOUR) ) is now available.

On February 16, 2025, Shift4 Payments entered into a Transaction Agreement to acquire Global Blue, with a definitive agreement announced on February 18, 2025. The acquisition aims to enhance Shift4’s unified commerce capabilities and expand its reach in the retail and hospitality sectors by integrating Global Blue’s technology solutions, focusing on tax refund and currency conversion. The transaction, valued at approximately $2.5 billion, includes a tender offer for all outstanding shares of Global Blue at a premium to its closing share price, and is expected to close by the third quarter of 2025, pending regulatory approvals and other customary conditions.

More about Shift4 Payments

Shift4 (NYSE: FOUR) is a leader in commerce-enabling technology, providing payment processing services across various industries and handling billions of transactions annually. Global Blue (NYSE: GB) is a technology and services provider for the shopping journey, specializing in tax-free shopping, payments, and post-purchase solutions, connecting retailers and consumers worldwide.

YTD Price Performance: 11.94%

Average Trading Volume: 1,673,667

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.93B

Find detailed analytics on FOUR stock on TipRanks’ Stock Analysis page.

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