Global Blue Group Holding Ltd Stock Price, News & Analysis

Shift4 Payments (NYSE: FOUR) has successfully completed its largest-ever acquisition of Global Blue Group Holding AG (NYSE: GB) through a tender offer at $7.50 per share. The tender offer secured approximately 97.37% of Global Blue's outstanding shares, with plans to acquire the remaining 2.63% through a squeeze-out merger.

Global Blue, with over 40 years of history, is a market leader in tax-free shopping and currency conversion technology across Europe, Asia, and South America. The acquisition brings strategic partnerships with Ant International and Tencent, enabling access to Alipay+ and WeChat Pay payment systems. The combined company plans to launch an innovative all-in-one payment terminal integrating VAT refund, DCC, and payment processing services.

Shift4 (NYSE: FOUR) has successfully completed its largest-ever acquisition of Global Blue (NYSE: GB) through a tender offer at $7.50 per share, securing approximately 97.37% of outstanding shares. The strategic acquisition enhances Shift4's unified commerce capabilities by incorporating Global Blue's specialized tax-free shopping and currency conversion solutions.

Global Blue, with over 40 years of history, serves hundreds of thousands of premium retail and hospitality locations across Europe, Asia, and South America. The combined company plans to launch an innovative all-in-one payment terminal integrating VAT refund, DCC, and payment processing services. Additionally, the deal brings strategic partnerships with Ant International and Tencent, enabling access to Alipay+ and WeChat Pay payment systems.

Shift4 plans to delist Global Blue from NYSE and implement a squeeze-out merger to acquire the remaining 2.63% shares.

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.

Global Blue Holding AG (GB) has announced that the New York Stock Exchange (NYSE) will delist its warrants (GB.WT) due to consistently low trading price levels. The NYSE notified Global Blue on June 6, 2025, and confirmed the suspension of warrant trading in a press release on June 9, 2025. The delisting proceedings are in accordance with Section 802.01D of the NYSE Listed Company Manual. Global Blue will not appeal this decision. Importantly, this delisting only affects the company's warrants and does not impact the listing status of Global Blue's ordinary shares, which will continue trading on the NYSE under the ticker symbol GB.

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.

Global Blue (NYSE:GB) reported strong FY24/25 financial results with revenue growing 20% YoY to €508 million. The company achieved record Adjusted EBITDA of €202 million, up 36% YoY, with margin expanding to 39.8%. Tax Free Shopping Solutions led growth with €384.5 million revenue (+23% YoY), while Payments and Post-Purchase Solutions reached €93.2 million (+12% YoY) and €30.2 million (+10% YoY) respectively. Net leverage ratio improved to 2.4x from 3.4x year prior. Notably, Shift4 announced acquisition of Global Blue for $2.5 billion ($7.50 per common share), expected to close in Q3 2025, after which GB will delist from public exchanges.

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 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 May 20, 2025. As of May 6, 2025, approximately 232,130,611 shares have been validly tendered, representing 96.65% of outstanding shares, exceeding the required 90% threshold.

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

Global Blue Group Holding AG has released preliminary, unaudited financial results for FY24/25 ended March 31, 2025, showing strong performance across key metrics. The company expects to report Sales in Store (SiS) of EUR 32.8-33.0 billion and revenue of EUR 506-510 million, representing a 20% increase from FY23/24. Adjusted EBITDA is projected at EUR 201-204 million, showing a significant 36% growth. The company's profitability has improved substantially, with profit margin reaching 18% compared to 5% in FY23/24. Cash and cash equivalents are expected to be between EUR 123-125 million, while CAPEX is estimated at EUR 50-51 million.

The financial results demonstrate strong operational performance with Adjusted EBITDA margin expanding to 40%, up from 35% in the previous year.