Tyro Payments in Australia Attracts Multiple Takeover Offers, Stock Soars

Reported 1 day ago

Tyro Payments has revealed that it received takeover approaches from several parties, prompting a significant rise in its stock price—up 12.8% to its highest since February 2024. The company did not disclose the identities of the interested parties or financial details, emphasizing that the offers so far do not reflect its intrinsic value. Tyro remains open to discussions that could yield better value for shareholders.

Source: YAHOO

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