Far Point completed the merger with Global Blue in a $2.6bn deal.

Far Point, a special purpose acquisition company co-sponsored by the institutional asset manager Third Point and former NYSE President Thomas W. Farley, completed the merger with Global Blue, a strategic technology and payments partner, in a $2.6bn deal. Existing Global Blue owners including technology investor Silver Lake will remain significant shareholders. "I am delighted about this collaboration with Far Point and Tom, as I believe it will help create long-term value for Global Blue and its shareholders. In recent years, we have built a true leader in our industry, powered by a cutting-edge integrated technology platform. We strongly believe that continued investment in innovation will bring value to all our partners and customers, and we look forward to accelerating our strategic collaboration with Ant Financial as a showcase of such innovation," Jacques Stern, Global Blue CEO.