--Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, Reuters reports, citing people familiar with the matter.

--The companies are preparing to submit final offers in the coming weeks, though a deal is not certain, the sources said.

--Shift4 initiated an exploration of strategic opportunities and alternatives last year, and the company has said it has seen interest from several parties.

--Shift4 and Fiserv didn't immediately respond to requests for comment from Reuters. Amadeus declined to comment.


Full article at https://www.reuters.com/markets/deals/fiserv-amadeus-vie-acquire-shift4-payments-sources-say-2024-02-28/


Write to ben.glickman@wsj.com; @benglickman


(END) Dow Jones Newswires

02-28-24 1550ET