EML Payments among top gainers ASX 200 on confirming takeover talks

EML Payments

18/07/2022 01:36

** Shares of EML Payments  EML.AX  jump up to 10.8% to
A$1.13, hitting their highest since July 11
    ** Stock is among the top gainers on the ASX 200 benchmark
 .AXJO , which is up 0.7% 
    ** Payments solutions provider confirms that in June it was
in discussions with two parties for a potential takeover
 urn:newsml:reuters.com:*:nL8N2YY0JH
    ** EML says discussions with both the parties have now
ceased 
    ** As of last close, stock is down 68.4% this year

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))