---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-182293"
form_type: "8-K"
ticker: "FOUR"
cik: "0001794669"
company_name: "Shift4 Payments, Inc."
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T11:59:26.147537+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shift4 completes squeeze-out merger of Global Blue, acquiring remaining 2.63%

## Summary
- Shift4 completed the squeeze-out merger of Global Blue on Aug 18, 2025; remaining 2.63% shares cancelled for $7.50/common share cash.
- Shift4 previously acquired 97.37% in tender offer on July 3, 2025; Global Blue now a wholly-owned subsidiary.
- Global Blue will delist from NYSE and deregister with SEC following the merger.
- Merger approved by Global Blue shareholders at extraordinary general meeting on Aug 18, 2025.

## SEC filing metadata
- accession: 0001193125-25-182293
- form_type: 8-K
- ticker: FOUR
- cik: 0001794669
- company_name: Shift4 Payments, Inc.
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794669/000119312525182293/0001193125-25-182293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794669/000119312525182293/d23961d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-182293
- JSON: https://secwatch.observer/filing/0001193125-25-182293.json
- Plain text: https://secwatch.observer/filing/0001193125-25-182293.txt

## Key facts
- M&A Transactions
  Shift4 Payments, Inc. completed an acquisition involving Global Blue Group Holding AG for $7.50 per share in cash (closed 2025-08-18).
  - Action: acquisition
  - Counterparty: Global Blue Group Holding AG
  - Consideration: $7.50 per share in cash
  - Closing: 2025-08-18
  source text: of Global Blue Group Holding AG (“Global Blue”), a stock corporation incorporated under the laws of Switzerland (the “Global Blue Common Shares”), at a price per share equal to $7.50 (the “Common Shares Consideration”), (ii) registered series A convertible preferred shares, nominal value of CHF 0.01 per share, of Global Blue (the “Global Blue Series A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794669/000119312525182293/0001193125-25-182293-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
