Shift4 Payments Stock Sinks On $2.5B Deal To Buy Global Blue

Shift4 Payments Stock Sinks On $2.5B Deal To Buy Global Blue, But Retail Bulls Aren't Fading
Shift4 Payments (FOUR) stock fell 10.7% after the bell on Tuesday after the company agreed to buy financial technology firm Global Blue in a deal valued at $2.5 billion. The company will acquire Global Blue for $7.
Shift4 Stock Slides After Company Strikes Deal to Buy Global Blue
Shift4 Payments shares sold off premarket after the payments processor struck a $1.5 billion deal for Global Blue, a shopping services provider that helps retailers including Nike and Prada with tax-free transactions.
Shift4 Bulks Up in Europe With a $2.5 Billion Deal for Global Blue
The agreement to buy Global Blue follows Shift4’s acquisition early last year of Finaro, an Israel-based processor with extensive operations in Europe, for $525 million. It followed up that deal with its move in June to buy a majority stake in Germany’s Vectron Systems AG, a provider of merchant services and point-of-sale technology.
Shift4 to acquire Global Blue for $7.50 per share in cash
Shift4 (FOUR) and Global Blue (GB) announced they have entered into a definitive agreement under which Shift4 will acquire Global Blue for
Shift4 to acquire Global Blue: A New Strategic Milestone
The acquisition of Global Blue by Shift4 will also bring together two experienced teams, with a shared entrepreneurial spirit. Both teams will work together to create new growth opportunities through product expansion into new markets, cross selling and product innovation.
Payments processor Shift4 to buy Global Blue in $2.5 billion deal
Payments processor Shift4 has agreed to buy travel and retail-focused financial technology platform Global Blue in a deal valued at $2.5 billion, the companies said on Tuesday. The acquisition will give Shift4 access to Global Blue's tax-free shopping and payments technology and help it solidify its foothold across Europe,
Payments Processor Shift4 Strikes $1.5 Billion Deal for Tax-Free Shopping Network
The expected $7.50-per-share offer for Global Blue Group represents a 15% premium to where the tax-free shopping services provider’s shares closed last week.
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Shift4 to Acquire Global Blue, the Leading Specialty Payments and Technology Provider Serving Luxury Brands
The acquisition enhances Shift4’s unified commerce capabilities and extends its reach to the 400,000+ retail and hospitality locations utilizing Global Blue’s specialized technology solutions ...