Australia's Tyro Payments hits over 17-month high after confirming takeover interests

Tyro Payments

13/08/2025 01:34

** Shares of Australia's Tyro Payments TYR.AX gain as much as 12.8% to A$1.21, hitting their highest since late February, 2024

** Payments platform operator says it has received takeover approaches from multiple parties in recent months

** Comment comes after its shares gained more than 10% on Tuesday and were put on a halt by ASX

** Co does not disclose name of parties or offer price

** Stock up 41.7% YTD

 (Reporting by Rishav Chatterjee in Bengaluru)

 ((Rishav.Chatterjee@thomsonreuters.com;))