Shift4 to acquire Smartpay for NZ $296 million
SYDNEY: Smartpay Holdings Ltd. said Monday it has entered into a scheme implementation agreement to be acquired by U.S.-based Shift4 Payments, LLC for NZ$1.20 per share in cash, valuing the New Zealand payment provider at approximately NZ$296.4 million. The deal, to be executed via a court-approved scheme of arrangement under Part 15 of New Zealand’s…