Shift4 Payments Inc Stock Price, News & Analysis

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until July 2, 2025. As of June 23, 2025, approximately 233,255,077 shares (97.12%) have been validly tendered, exceeding the 90% minimum threshold requirement.

The acquisition, initially announced on February 16, 2025, is expected to close by Q3 2025. Global Blue's board has unanimously recommended shareholders tender their shares. The transaction remains subject to regulatory approvals in certain jurisdictions and other customary closing conditions.

Shift4 (NYSE: FOUR) has announced a definitive agreement to acquire Smartpay, a leading payment solutions provider in Australia and New Zealand, for NZ$296.4 million (approximately $180M USD). The acquisition price represents a 46.5% premium to the 90-day VWAP and values Smartpay shares at NZ$1.20 each. Smartpay serves over 40,000 merchants across Australia and New Zealand with tailored payment solutions. The deal, expected to close in Q4 2025, aligns with Shift4's expansion strategy, enabling the company to offer its complete suite of software and payment solutions in the region, including SkyTab POS for restaurants, SkyTab Venue for stadiums, and end-to-end payment solutions for hotels. This follows Shift4's successful expansion model previously implemented in Germany, the UK, and Ireland.

Shift4 (NYSE: FOUR), a leading integrated payments and commerce technology company, has been named to the Fortune 1000® list for 2025, marking its second consecutive year on this prestigious ranking of largest US public companies by revenue. CEO Taylor Lauber highlighted the achievement's significance as it coincides with the company's five-year IPO anniversary. Shift4 provides comprehensive commerce technology solutions, processing billions of transactions annually for hundreds of thousands of businesses across diverse sectors including stadiums, hotels, casinos, restaurants, retail stores, and global ecommerce brands. The company's end-to-end solution aims to simplify complex payment environments and streamline operations for merchants while ensuring smooth payment processes for consumers.

Shift4 (NYSE: FOUR), a leading integrated payments and commerce technology company, has announced its upcoming participation in the 2025 RBC Financial Technology Conference. The company's management will engage in a fireside chat on June 10, 2025, at 10:40 AM ET in New York. The session will be accessible via webcast through Shift4's Investor Relations website. Additionally, management will be available for one-on-one and small group meetings during the conference.

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until June 23, 2025. As of June 5, 2025, approximately 232,846,816 shares (96.95% of outstanding shares) have been validly tendered, exceeding the 90% minimum threshold requirement. The acquisition, initially announced on February 16, 2025, is still subject to regulatory approvals in certain jurisdictions and other customary closing conditions. Global Blue's board has unanimously recommended shareholders to tender their shares. The transaction is expected to close by Q3 2025, as previously announced. Shareholders who have already tendered their shares do not need to take any further action.

Shift4 Payments (NYSE: FOUR) has announced an extension of its all-cash tender offer to acquire Global Blue Group Holding AG (NYSE: GB). The tender offer will now remain open until June 5, 2025. As of May 20, 2025, approximately 232,150,795 shares have been validly tendered, representing 96.66% of outstanding shares, exceeding the required 90% minimum threshold.

The transaction, initially announced on February 16, 2025, is still subject to regulatory approvals in certain jurisdictions and other customary closing conditions. Global Blue's board has unanimously recommended shareholders to tender their shares. The acquisition is expected to close by Q3 2025, as previously announced.

Shift4 Payments (NYSE: FOUR) has successfully completed its previously announced debt offering, consisting of €680 million of 5.500% senior notes due 2033 and a tack-on offering of $550 million of 6.750% senior notes due 2032. The new 2032 notes will be consolidated with existing notes of $1.1 billion issued in August 2024. The company plans to use the proceeds, along with a new Term Loan B facility and mandatory convertible preferred stock, to finance its acquisition of Global Blue Group Holding AG, redeem its 4.625% senior notes due 2026, and for general corporate purposes including debt repayment and strategic growth initiatives.

Shift4 Payments (NYSE: FOUR) has announced the pricing of two senior notes offerings: €680 million of 5.500% senior notes due 2033 and $550 million of 6.750% senior notes due 2032. The Euro Notes were priced at par value, while the 2032 Notes were priced at 100.50%. The 2032 Notes are an addition to the existing $1.1 billion notes issued in August 2024. The company plans to close the offering on May 16, 2025. The proceeds, along with a new secured term loan B facility and mandatory convertible preferred stock, will be used to finance the acquisition of Global Blue Group Holding AG, redeem the 4.625% Senior Notes due 2026, and for general corporate purposes including debt repayment and strategic growth initiatives.

Shift4 Payments (NYSE: FOUR) has announced a $550 million tack-on offering of 6.750% senior notes due 2032, supplementing their previously announced €680 million senior notes offering. The new notes will be combined with existing $1.1 billion notes from August 2024 under the same indenture. The company plans to use proceeds from these notes, along with a new Term Loan B facility and mandatory convertible preferred stock offering, to finance their acquisition of Global Blue Group Holding AG, redeem their 4.625% Senior Notes due 2026, and for general corporate purposes. The notes will be offered privately to qualified institutional buyers under Rule 144A and to offshore investors under Regulation S.