Smartpay Holdings Clears Key Regulatory Hurdle in Shift4 Acquisition Process

MT Newswires Live

2025/08/04

Smartpay Holdings (ASX:SMP, NZE:SPY) said that Shift4 Payments has obtained the necessary overseas investment office consent for its NZ$1.20 per share cash acquisition offer, satisfying a key condition of the scheme implementation agreement (SIA), according to a Monday filing with the New Zealand and Australian bourses.

The scheme is subject to additional conditions, including shareholder approval, no material adverse change, and other customary requirements outlined in the SIA, the filing said.

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