Shift4 Payments Stock Sinks On $2.5B Deal To Buy Global Blue

Shift4 Stock Slides After Payments Processor Strikes Deal to Buy Global Blue
Shift4 Payments shares sold off premarket after the payments processor struck a $1.5 billion deal for Global Blue, a shopping services provider that helps retailers including Nike and Prada with tax-free transactions.
Shift4 Payments Stock Sinks On $2.5B Deal To Buy Global Blue, But Retail Bulls Aren't Fading
Shift4 Payments (FOUR) stock fell 10.7% after the bell on Tuesday after the company agreed to buy financial technology firm Global Blue in a deal valued at $2.5 billion. The company will acquire Global Blue for $7.
Shift4 Payments agrees to buy Global Blue for $7.50 per share, WSJ reports
Shift4 Payments (FOUR) has reached a deal to buy Global Blue Group (GB), reported The Wall Street Journal’s Lauren Thomas. The payments
Payments processor Shift4 to buy Global Blue in $2.5 billion deal
Payments processor Shift4 has agreed to buy travel and retail-focused financial technology platform Global Blue in a deal valued at $2.5 billion, the companies said on Tuesday. The acquisition will give Shift4 access to Global Blue's tax-free shopping and payments technology and help it solidify its foothold across Europe,
Payments Processor Shift4 Strikes $1.5 Billion Deal for Tax-Free Shopping Network
The expected $7.50-per-share offer for Global Blue Group represents a 15% premium to where the tax-free shopping services provider’s shares closed last week.
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Citi lowered the firm’s price target on Global Payments (GPN) to $135 from $138 and keeps a Buy rating on the shares. The firm updated the ...
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Global Payments (GPN) Receives a Buy from Barclays
Barclays analyst Ramsey El Assal maintained a Buy rating on Global Payments (GPN – Research Report) today and set a price target of $125.00.