Shift4 Extends Tender Offer For Global Blue With Over 97% Shares Already Tendered
(RTTNews) - Shift4 Payments (FOUR), through its subsidiary GT Holding 1 GmbH, has extended its all-cash tender offer to acquire all outstanding shares of Global Blue Group Holding AG.
As of June 23, 2025, approximately 97.12% of Global Blue shares have been validly tendered. The offer now remains open until one minute after 11:59 p.m. ET on July 2, 2025, while awaiting regulatory approvals and customary closing conditions.
Global Blue's board has unanimously recommended the offer. The transaction, governed by a February 16, 2025, agreement, is expected to close by Q3 2025.
Tuesday, FOUR closed at $97.14, up 3.84%, and traded after hours to close at $97.02, down 0.12% on the NYSE.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.