Dec 12 (Reuters) - Tyro Payments Ltd (TYR) :
- UPDATE IN RELATION TO UNSOLICITED APPROACHES RECEIVED FROM SEVERAL PARTIES
- WILL CEASE ALL CURRENT DISCUSSIONS WITH PARTIES IN RELATION TO A POSSIBLE CHANGE OF CONTROL TRANSACTION
- WESTPAC NOTIFIED CO DECIDED THAT SUBMITTING AN OFFER TO TYRO IS NOT IN BEST INTERESTS OF WESTPAC SHAREHOLDERS AT THIS TIME
- WESTPAC NOTIFIED CO THAT IT HAS DECIDED THAT SUBMITTING AN OFFER TO CO IS NOT IN BEST INTERESTS OF WESTPAC SHAREHOLDERS AT THIS TIME
- DISCUSSIONS HAVE NOT RESULTED IN A PROPOSAL THAT BOARD BELIEVES FAIRLY VALUES TYRO
- REMAINS OPEN TO ENGAGING WITH ANY CREDIBLE CHANGE OF CONTROL PROPOSAL IT RECEIVES
- CONFIRMS THAT IT HAS RECEIVED A REVISED, NON-BINDING AND INDICATIVE PROPOSAL FROM POTENTIA
- REVISED INDICATIVE PROPOSAL AT A$1.60 PER SHARE
- DETERMINED TO REJECT REVISED POTENTIA INDICATIVE PROPOSAL IN ITS CURRENT FORM
- REVISED INDICATIVE PROPOSAL FROM POTENTIA AT AN ENTERPRISE VALUE OF APPROXIMATELY A$875 MILLION
- NOTED REVISED POTENTIA PROPOSAL COMES AT TIME OF SHARE MARKET VOLATILITY, CYCLICAL WEAKNESS IN GLOBAL TECH & PAYMENT CO VALUATIONS
Dec 12 (Reuters) - Tyro Payments Ltd (TYR) : UPDATE IN RELATION...
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