Global Blue and Far Point Acquisition Corporation (NYSE: FPAC) Announce Business Combination
Far Peak Acquisition Corporation Class A Ordinary Shares (FPAC)
Company Research
Source: PR Newswire
NEW YORK and ZURICH, Jan. 16, 2020 /PRNewswire/ -- Global Blue, a leading strategic technology and payments partner empowering global merchants to capture the growth of international shoppers, today announced it will become a publicly traded company on the New York Stock Exchange through a merger with Far Point Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company co-sponsored by the institutional asset manager Third Point LLC and former NYSE President Thomas W. Farley. Veteran public company executive and current Global Blue CEO Jacques Stern will continue to lead the company's existing management team, and Mr. Farley will become Chairman of Global Blue. Current investors, including Silver Lake, the global leader in technology investing, will remain significant shareholders in the combined company. New investors, anchored by Ant Financial Services Group, a member of the Alibaba digital economy and operator of the world's leading payment and lifestyle platform Al
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