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SmartPay Holdings Limited ( (DE:KX2) ) just unveiled an announcement.
Smartpay Holdings Limited has announced that the High Court has approved a scheme of arrangement under which Shift4 Holdings Limited will acquire all of Smartpay’s ordinary shares. As part of this acquisition, Smartpay has applied for its shares to be suspended from trading on the NZX and ASX, with plans to delist following the implementation of the scheme. Shareholders will receive NZ$1.20 per share in cash upon completion, expected on 4 November 2025, provided all conditions are met.
More about SmartPay Holdings Limited
Smartpay Holdings Limited operates in the financial technology industry, providing payment solutions and services. The company focuses on offering electronic payment systems and related services to businesses in New Zealand and Australia.
Learn more about KX2 stock on TipRanks’ Stock Analysis page.