Global Blue processes payments from international travellers for purchases of luxury goods at airports and has been affected by the decline in air traffic worldwide. Media: Domitille PINTA, VP Communication, (0) 6 11 07 52 90 – firstname.lastname@example.org NEW YORK – ZURICH-Global Blue, a leading strategic technology and payment partner that enables global distributors to record the growth of international buyers, and Far Point Acquisition Corporation («FPAC») (NYSE: FPAC, FPAC). The UN and FPAC. WS), one by institutional asset manager Third Point LLC («Third Point») and former NYSE President Thomas W. Farley co-financed the rights acquisition company, today jointly announced the entry into complementary matching agreements (the «agreements») of FPAC, SL Globetrotter, L.P., controlling shareholder and representative of all blues sellers and third Points affiliates. The correspondence agreements were concluded with Global Blue`s largest shareholder, SL Globetrotter LP, and with subsidiaries of asset manager Third Point LLC, far Points co-sponsor. Far Point shareholders will vote at an extraordinary meeting on August 24 to decide whether to approve the merger. In May, Far Point`s board of directors announced that it was no longer supporting the agreement after Global Blue told it about the impact of the coronavirus pandemic on their financial performance. In a July 15 press release, Far Point`s board of directors maintained its position against the agreement. The company did not respond to a request dated August 17 to comment or update the board`s current position.
Investors: Investor Relations Director, email@example.com To accept the merger, the Silver Lake-led group needs only 50.1% of shareholders to vote in favour of the deal. Looks like it`s close to having that. This press release contains «forward-looking statements» within the meaning of the «safe harbor» provisions of the United States Private Securities Litigation Reform Act of 1995. If used in this press release, the words «estimates,» «projected,» «expected,» «positions,» «predictable,» «predictable,» «forecasts,» «plans,» «intentional,» «thinks,» «seeks,» «will,» «will,» «could,» «should,» «should,» «propose,» and variations of such words or expressions (or negative versions of those words or expressions) are intended to identify forward-looking statements. These statements should not be over-accounted in these forward-looking statements, and such statements are not guarantees for future performance, conditions or results and involve a number of known risks, uncertainties, assumptions, estimates and other material factors, many of which are beyond far Point or Global Blue`s control, which could cause actual results or results to differ materially from those discussed in the forward-looking statements. Key factors that could lead to actual results being materially different from those projected in these forward-looking statements include the effects of COVID-19, including international travel and similar health-related travel disruptions; The negative effects of COVID 19`s cost-cutting measures; The inability to complete the transactions in the proposed business combination; The inability to discern the expected benefits of the proposed business combination; The ability to comply with nyse listing standards after the transaction in the proposed merger is completed; The costs of the proposed business combination; Global Blue`s ability to execute its plans; Global Blues estimates the size of the markets for its solutions; Global Blue`s ability to identify and integrate acquisitions; Global Blue`s performance and security services; Global Blue`s inability to execute strategic plans because it is unable to generate sufficient cash flow; possible litigation or investigations involving Far Point or Global Blue and the resulting physical comparisons, fines or penalties; changes in the regulatory environment, regulatory requirements