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Exclusive: Silver Lake to explore sale of tax-free shopping firm Global Blue-sources

News Snapshot:

Aug 15 (Reuters) – Private 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, people familiar with the matter said on Tuesday. The deliberations come as Global Blue recovers from the air travel slump caused by the COVID-19 pandemic, which weighed on duty-free shopping. It still faces headwinds, including price inflation and the prospect of an economic recession in Europe, which the company says it can tackle. Silver Lake has hired an investment bank to…

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