NKF with Global Blue in merger into Global Blue Group Holding
Niederer Kraft Frey (NKF) advised Global Blue in the tender offer and the squeeze-out merger under Swiss law, as the company merged with and into Global Blue Group Holding.
The context
In connection with the deal, Global Blue Group Holding continues as the surviving entity and wholly owned subsidiary of Shift4. Moreover, the remaining 2.63 per cent outstanding shares of Global Blue not previously purchased by Shift4 in the completion of a tender offer underwent cancelation and convertion into the right to receive USD 7.50 per common share in cash, subject to any applicable withholding taxes. Following consummation of the merger, Shift4 caused Global Blue to voluntarily delist its shares from the New York Stock Exchange.
The NKF team
The NKF lineup working on the matter featured Philipp Haas, Ulysses von Salis, Philip Spoerlé, Julia Tolstova (all corporate/M&A), Adrian Koller (banking & finance), Marc Vogelsang and Markus Kronauer (both tax).
