New Zealand High Court Approves Smartpay Holdings Proposed Acquisition by Shift4
MT Newswires Live
Oct 24
Smartpay Holdings (ASX:SMP, NZE:SPY,) said the High Court of New Zealand had made final orders approving the company's proposed scheme of arrangement with Shift4 Holdings and Shift4 Payments, according to a Friday filing with the Australian bourse.
In June, the company entered a scheme implementation agreement with US-based Shift4 Payments, under which Shift4 Payments or its unit would acquire the company's shares for NZ$1.20 per share in cash.
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