ZURICH: Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has successfully completed its acquisition of Global Blue Group Holding AG (NYSE: GB), a leading provider of tax-free shopping and dynamic currency conversion solutions. The deal, valued at $7.50 per share, solidifies Shift4’s position as a global unified commerce provider.
The tender offer, which expired July 2, 2025, resulted in 97.37% of Global Blue’s outstanding shares being tendered. Shift4 will now proceed with a squeeze-out merger to acquire the remaining shares and delist Global Blue from the New York Stock Exchange.
“This acquisition expands our capabilities and global footprint, allowing us to deliver unmatched value to merchants worldwide,” said Shift4 CEO Taylor Lauber.
Strategic Benefits of the Deal
- Enhanced Merchant Solutions: Shift4 will integrate Global Blue’s tax-refund and currency conversion technology into its payments platform.
- New All-in-One Terminal: The companies plan to launch a unified payment device combining VAT refunds, dynamic currency conversion (DCC), and payment processing.
- Partnerships with Ant International & Tencent: Shift4 will collaborate on global e-commerce solutions, including Alipay+ and WeChat Pay integration.
Global Blue, with 40 years of expertise, serves premium retailers and hospitality brands across Europe, Asia, and South America. The acquisition strengthens Shift4’s presence in luxury retail and travel-related commerce.
Shift4 will replace Global Blue’s board with its appointed directors and finalize the squeeze-out of remaining shareholders under Swiss law.