Payments processor Shift4 to buy Tencent-backed Global Blue in $2.5b deal

Payments processor Shift4 to buy Tencent-backed Global Blue in $2.5b deal

Photo: REUTERS/Beawiharta

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.

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