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Business & Finance
15 August 2023, 4:05 am 1 minute
Reuters exclusively reported that equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd (GB.N), a company that enables retailers to offer tax-free shopping, after receiving expressions of interest from potential acquirers.
Market Impact
Global Blue’s shares rose 9.2% in afternoon trading in New York on Tuesday to $4.99, giving the company a market value of about $1 billion. The company had net debt of 550 million euros ($600 million) as of the end of March.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: AmericasEurope
Countries: SwitzerlandUnited States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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