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Shift4 Payments Clears Key Regulatory Hurdle in Smartpay Takeover Bid

1:21pm on Monday 4th of August, 2025 AEST Financial Services
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Shift4 Payments Clears Key Regulatory Hurdle in Smartpay Takeover Bid

1:21pm on Monday 4th of August, 2025 AEST
Key Points
  • Shift4 obtains Overseas Investment Office consent
  • Acquisition offer set at NZ$1.20 per share in cash
  • Scheme still requires Smartpay shareholder approval
  • No material adverse change condition remains
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