Yahoo Finance

Shift4 Payments (FOUR) announced that it is extending its previously announced all-cash tender offer through its indirect wholly owned subsidiary, GT Holding 1 GmbH,, to purchase all of the outstanding shares of Global Blue Group (GB), pursuant to the previously announced transaction agreement, dated as of February 16. The tender offer is subject to certain conditions, including, among other things, satisfaction of a minimum tender condition, for which the 90% threshold has been met, the receipt of regulatory approvals in certain jurisdictions and other customary closing conditions. The transaction is expected to close by Q3 of 2025, as previously announced. The tender offer will remain open until one minute after 11:59 p.m. on May 6, and may be extended again while the parties await certain regulatory approvals, Shift4 said.

Stay Ahead of the Market:

• Discover outperforming stocks and invest smarter with Top Smart Score Stocks.

• Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on FOUR:

Disclaimer & DisclosureReport an Issue

• Shift4 Payments price target lowered to $90 from $100 at Redburn Atlantic

• Shift4 Payments price target lowered to $100 from $140 at Susquehanna

• Shift4 Payments price target lowered to $110 from $135 at BTIG

• Shift4 Payments initiated with an In Line at Evercore ISI

• Shift4 Payments price target lowered to $130 from $140 at Raymond James