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Shift4-Global Blue deal requires approval in Portugal, Spain, Turkey

( March 21, 2025, 12:02 GMT | Official Statement) -- MLex Summary: Payments processing company Shift4’s acquisition of Global Blue, the leading payments platform for tax-free shopping, needs competition approvals in Portugal, Spain and Turkey. The $2.5 billion deal also requires foreign direct investment approvals in Austria and Italy, as well as approval from the Bank of Italy, according to a copy of the merger agreement that Global Blue published today.Extract from the merger agreement follows....

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