Shift4 Payments Extends Offer to Acquire Global Blue in $2.5 Billion Deal

Published 14 hours agoFOUR

Shift4 Payments Extends Offer to Acquire Global Blue in $2.5 Billion Deal

Shift4 Payments has announced an extension to its tender offer to acquire Global Blue, a prominent provider of tax-free shopping and currency conversion services, particularly for luxury brands. The proposed acquisition price is $7.50 per common share, which is a 15% premium over Global Blue's closing share price as of February 14, 2025. The deal values the transaction at approximately $2.5 billion.

Shift4's acquisition aims to boost its unified commerce capabilities and facilitate expansion into over 400,000 retail and hospitality locations using Global Blue's technology. Backing the acquisition are notable shareholders such as Ant International and Tencent, who together hold about 90% of Global Blue's common and preferred shares. Reuters reported that the financial arrangement involves Shift4 using its cash reserves along with a $1.795 billion bridge loan.

The acquisition is anticipated to be finalized by the third quarter of 2025, pending regulatory and traditional closing conditions. This strategic move is expected to enhance Shift4's presence and capabilities within the global commerce payment landscape, leveraging Global Blue's specialized solutions.

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