Shift4 To Acquire Global Blue For $7.50 Per Share

Shift4, a leader in payments and commerce technology, said it will acquire Global Blue for $7.50 per share in cash. The deal values Global Blue at about $2.5 billion. Shift4 noted that this price is a 15% increase from Global Blue’s share price on February 14, 2025.

Global Blue has been in business for over 40 years and is known for helping travelers with tax refunds and currency conversion. The company works with more than 400,000 stores and hotels, including luxury brands and popular fashion retailers across Europe, Asia, and South America.

Shift4 Aims To Expand With Global Blue’s Services

Taylor Lauber, President of Shift4, said this deal fits well with the company’s goal of improving payment services. He noted that Global Blue’s services will help Shift4 grow and reach new markets. He also stated that the move will create more opportunities for both companies and their customers.

Global Blue’s tools will now be part of Shift4’s global payments platform. The company said this will give businesses a better way to handle payments, refunds, and currency exchanges. Global Blue’s app also connects international shoppers with merchants, helping brands reach more customers.

Jacques Stern, leader of Global Blue, said he is excited to join with Shift4. He noted that this deal will help Global Blue grow and bring better services to its retail partners. He also said both companies share a vision of using technology to improve shopping experiences.

Two of Global Blue’s shareholders, Ant International and Tencent, said they will stay involved with the new company. They are also looking at ways to work with Shift4 on e-commerce payment solutions. Shift4 said this partnership will strengthen its role in the global payments market.

Shift4 Aims To Expand The Use Of Alipay+ As Part Of The New Deal

As part of the new plan, Shift4 will help expand the use of Alipay+, a service that connects digital payment methods worldwide. The company said it will also work with Weixin Pay, which is widely used in China. This step is expected to help Shift4’s customers in hospitality and retail.

Douglas Feagin, leader of Ant International, said his company supports Shift4’s growth. He noted that Ant International aims to improve global payments and digital services. He also thanked Shift4’s leadership for working toward this new partnership.

James Mitchell, a top executive at Tencent, said his company is happy to continue working with Global Blue under Shift4’s ownership. He noted that Shift4 has grown into a strong leader in payments and commerce technology. He also said Tencent looks forward to more partnership opportunities.

Shift4 stated that this move will help it become a major player in global commerce payments. The company noted that it will continue to focus on providing better payment services for businesses and shoppers around the world.