Payments processor Shift4 to buy Global Blue in $2.5 billion deal (updated)

Global Blue Holding

18/02/2025 21:15

(Adds premium in paragraph 2, shares in paragraph 3)
       Feb 18 (Reuters) - Payments processor Shift4  FOUR.N 
has agreed to buy retail-focused financial technology platform
Global Blue  GB.N  in a deal valued at $2.5 billion, the
companies said on Tuesday. 
    Shift4 is offering $7.50 per share for the company, which
marks a 15% premium to Global Blue's last closing price on
Friday. 
    Global Blue shares climbed nearly 18% after the close, while
Shift4's stock fell 9%. 
         
  

 (Reporting by Niket Nishant in Bengaluru; Editing by Anil
D'Silva)
 ((Niket.Nishant@thomsonreuters.com;))