Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from Tyro Payments Ltd. ( (AU:TYR) ).
Tyro Payments Ltd has confirmed media speculation regarding a potential acquisition of Smartpay Holdings Limited by issuing a non-binding indicative offer to acquire 100% of Smartpay’s issued share capital. The offer includes a combination of Tyro shares and cash, though discussions are still preliminary and there is no certainty of a transaction. Tyro will continue to update the market as required by its disclosure obligations.
More about Tyro Payments Ltd.
Tyro Payments Ltd is a company established in 2003 that specializes in providing payment solutions for over 73,000 merchants across Australia. It offers in-store, online, and mobile payment services, working with more than 700 partners to serve industries such as hospitality, retail, services, and health, along with integrated banking and lending solutions.
YTD Price Performance: -10.43%
Average Trading Volume: 1,192,597
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$385.5M
For an in-depth examination of TYR stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue