Shift4 has announced it has signed a definitive agreement to acquire Smartpay for NZ$296.4 million, or NZ$1.20 per share. This represents a 46.5% premium to 90 trading day Volume Weighted Average Price. Smartpay sells tailored payment solutions through an extensive distribution network across Australia and New Zealand, supporting a diverse base of more than 40,000 merchants in the region. The acquisition is expected to close in the fourth quarter of 2025, subject to regulatory approvals.
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