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Tyro Payments Receives Acquisition Interest, Maintains Market Transparency

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Tyro Payments Receives Acquisition Interest, Maintains Market Transparency

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The latest announcement is out from Tyro Payments Ltd. ( (AU:TYR) ).

Tyro Payments Ltd has received unsolicited, non-binding interest from various parties regarding a potential acquisition. However, the company has determined that the current offers do not reflect its intrinsic value. Tyro is committed to keeping the market informed in line with its disclosure obligations.

The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.

More about Tyro Payments Ltd.

Tyro Payments Ltd, established in 2003, is a company focused on simplifying payment processes for businesses. It provides payment solutions to over 71,000 merchants across Australia, including in-store, online, and mobile options. Tyro collaborates with more than 700 partners to offer seamless payment experiences tailored for industries such as hospitality, retail, services, and healthcare. Additionally, it offers integrated banking and lending solutions to help businesses reach their potential.

Average Trading Volume: 2,142,078

Technical Sentiment Signal: Hold

Current Market Cap: A$512.8M

See more data about TYR stock on TipRanks’ Stock Analysis page.

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