Shift4 Payments Inc Stock Price, News & Analysis

Shift4 Payments (NYSE: FOUR) has successfully completed its largest-ever acquisition of Global Blue Group Holding AG (NYSE: GB) through a tender offer at $7.50 per share. The tender offer secured approximately 97.37% of Global Blue's outstanding shares, with plans to acquire the remaining 2.63% through a squeeze-out merger.

Global Blue, with over 40 years of history, is a market leader in tax-free shopping and currency conversion technology across Europe, Asia, and South America. The acquisition brings strategic partnerships with Ant International and Tencent, enabling access to Alipay+ and WeChat Pay payment systems. The combined company plans to launch an innovative all-in-one payment terminal integrating VAT refund, DCC, and payment processing services.

Shift4 (NYSE: FOUR) has successfully completed its largest-ever acquisition of Global Blue (NYSE: GB) through a tender offer at $7.50 per share, securing approximately 97.37% of outstanding shares. The strategic acquisition enhances Shift4's unified commerce capabilities by incorporating Global Blue's specialized tax-free shopping and currency conversion solutions.

Global Blue, with over 40 years of history, serves hundreds of thousands of premium retail and hospitality locations across Europe, Asia, and South America. The combined company plans to launch an innovative all-in-one payment terminal integrating VAT refund, DCC, and payment processing services. Additionally, the deal brings strategic partnerships with Ant International and Tencent, enabling access to Alipay+ and WeChat Pay payment systems.

Shift4 plans to delist Global Blue from NYSE and implement a squeeze-out merger to acquire the remaining 2.63% shares.

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until July 2, 2025. As of June 23, 2025, approximately 233,255,077 shares (97.12%) have been validly tendered, exceeding the 90% minimum threshold requirement.

The acquisition, initially announced on February 16, 2025, is expected to close by Q3 2025. Global Blue's board has unanimously recommended shareholders tender their shares. The transaction remains subject to regulatory approvals in certain jurisdictions and other customary closing conditions.

Shift4 (NYSE: FOUR) has announced a definitive agreement to acquire Smartpay, a leading payment solutions provider in Australia and New Zealand, for NZ$296.4 million (approximately $180M USD). The acquisition price represents a 46.5% premium to the 90-day VWAP and values Smartpay shares at NZ$1.20 each. Smartpay serves over 40,000 merchants across Australia and New Zealand with tailored payment solutions. The deal, expected to close in Q4 2025, aligns with Shift4's expansion strategy, enabling the company to offer its complete suite of software and payment solutions in the region, including SkyTab POS for restaurants, SkyTab Venue for stadiums, and end-to-end payment solutions for hotels. This follows Shift4's successful expansion model previously implemented in Germany, the UK, and Ireland.

Shift4 (NYSE: FOUR), a leading integrated payments and commerce technology company, has been named to the Fortune 1000® list for 2025, marking its second consecutive year on this prestigious ranking of largest US public companies by revenue. CEO Taylor Lauber highlighted the achievement's significance as it coincides with the company's five-year IPO anniversary. Shift4 provides comprehensive commerce technology solutions, processing billions of transactions annually for hundreds of thousands of businesses across diverse sectors including stadiums, hotels, casinos, restaurants, retail stores, and global ecommerce brands. The company's end-to-end solution aims to simplify complex payment environments and streamline operations for merchants while ensuring smooth payment processes for consumers.

Shift4 (NYSE: FOUR), a leading integrated payments and commerce technology company, has announced its upcoming participation in the 2025 RBC Financial Technology Conference. The company's management will engage in a fireside chat on June 10, 2025, at 10:40 AM ET in New York. The session will be accessible via webcast through Shift4's Investor Relations website. Additionally, management will be available for one-on-one and small group meetings during the conference.

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until June 23, 2025. As of June 5, 2025, approximately 232,846,816 shares (96.95% of outstanding shares) have been validly tendered, exceeding the 90% minimum threshold requirement. The acquisition, initially announced on February 16, 2025, is still subject to regulatory approvals in certain jurisdictions and other customary closing conditions. Global Blue's board has unanimously recommended shareholders to tender their shares. The transaction is expected to close by Q3 2025, as previously announced. Shareholders who have already tendered their shares do not need to take any further action.

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until June 5, 2025. As of May 20, 2025, approximately 232,150,795 shares have been validly tendered, representing 96.66% of outstanding shares, exceeding the required 90% minimum threshold.

The transaction, initially announced on February 16, 2025, is still subject to regulatory approvals in certain jurisdictions and other customary closing conditions. Global Blue's board has unanimously recommended shareholders to tender their shares. The acquisition is expected to close by Q3 2025, as previously announced.

Shift4 Payments (NYSE: FOUR) has successfully completed its previously announced debt offering, consisting of €680 million of 5.500% senior notes due 2033 and a tack-on offering of $550 million of 6.750% senior notes due 2032. The new 2032 notes will be consolidated with existing notes of $1.1 billion issued in August 2024. The company plans to use the proceeds, along with a new Term Loan B facility and mandatory convertible preferred stock, to finance its acquisition of Global Blue Group Holding AG, redeem its 4.625% senior notes due 2026, and for general corporate purposes including debt repayment and strategic growth initiatives.