Shift4 Payments, Inc. (FOUR) and Global Blue Group Holding AG (GB) have completed a tender offer by GT Holding 1 GmbH, a wholly owned subsidiary of Shift4 Payments, Inc., to acquire all outstanding shares of Global Blue for $7.50 per common share in cash.
Following the transaction, Ant International and Tencent will join as strategic partners with Shift4 Payments, Inc. The partnership aims to collaborate on global e-commerce payment products.
With the acquisition closed, Shift4 Payments, Inc. and Global Blue will soon introduce an all-in-one payment terminal offering VAT refund, DCC, and payment processing services to merchants worldwide.
This deal represents the largest acquisition in Shift4 Payments, Inc. history and underscores its commitment to expanding capabilities and delivering a comprehensive commerce solution, said CEO Taylor Lauber.
