On 18 February 2025 Global Blue Group Holding AG (Global Blue), a Europe and APAC-based business partner for the shopping journey, and Shift4 Payments Inc. (Shift4), a US-leader in integrated payments and commerce technology, have entered into a definitive agreement under which Shift4 intends to acquire 100% of Global Blue shares. Both companies power billions of transactions annually and aim to provide mission-critical merchant solutions that simplify complex shopping journeys. The combination will create a global leader in commerce and shopping technologies, with a footprint in over 50 countries, serving several hundred thousand retail and hospitality locations.
Under the terms of the definitive agreement, Shift4 intends to acquire Global Blue for USD 7.50 per common share in cash, representing a +15% premium to Global Blue’s closing share price as of 14 February 2025, through a tender offer and a subsequent statutory merger. The acquisition has been unanimously approved by the Boards of Directors of Shift4 and Global Blue, and the Board of Directors of Global Blue has unanimously resolved that it will recommend to the Global Blue shareholders to accept the tender offer. The transaction is expected to close by the third quarter of calendar year 2025, subject to regulatory approvals, other customary closing conditions, and a minimum tender of 90% of Global Blue’s issued and outstanding common shares and preferred shares on a combined basis.
