Simpson Thacher is representing Silver Lake and its listed portfolio company, Global Blue Group Holding AG, in connection with a strategic investment by Tencent, a world-leading internet and technology company. Tencent has agreed to invest $100 million in Global Blue common equity at a price of $5.50 per share, comprising 50% secondary common shares to be sold by affiliates of Silver Lake and Partners Group and certain members of the board and management and 50% primary common shares to be issued by Global Blue. At closing, Tencent will own 18.18 million common shares, representing approximately 8% of the total fully-diluted share capital.~~Global Blue is the leading strategic technology and payments partner, empowering retailers to improve their performance and shoppers to enhance their experience.~~The Simpson Thacher team included James R. Howe, Chris Vallance, Nishita Vasan and Lloyd Wood (Corporate – London); Hui Lin, Jessica Asrat and Pia Figuerola (Capital Markets – New York); and Étienne Renaudeau and Henry Llewellyn (Antitrust).