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Smartpay Shareholders Face $1.20 Cash Buyout by Shift4: What’s Next?

7:38am on Thursday 18th of September, 2025 AEST Financial Services
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Smartpay Shareholders Face $1.20 Cash Buyout by Shift4: What’s Next?

7:38am on Thursday 18th of September, 2025 AEST
Key Points
  • Proposed acquisition price of NZ$1.20 per Smartpay share
  • Unanimous Board recommendation pending no superior proposal
  • Independent Adviser values Smartpay between NZ$1.07 and NZ$1.43 per share
  • Scheme subject to shareholder and High Court approval
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