Brief: Tyro Payments Says Approached By Several Parties Including Westpac For Potential Takeover

Tyro Payments

17/10/2022 22:18

Oct 18 (Reuters) - Tyro Payments Ltd  TYR.AX :
    * REFERS TO RECENT MEDIA SPECULATION IN RELATION TO
POTENTIAL
CORPORATE INTEREST IN TYRO
    * TYRO IS ENGAGING IN PRELIMINARY DISCUSSIONS WITH SELECTED
PARTIES
    * ENGAGING IN PRELIMINARY DISCUSSIONS WITH SELECTED PARTIES
IN
CONTEXT OF MAXIMISING VALUE FOR ALL SHAREHOLDERS
    * CONFIRMS RECEIVED APPROACHES FROM SEVERAL PARTIES
EXPRESSING
INTEREST IN POTENTIAL CHANGE OF CONTROL TRANSACTION, INCLUDING
WESTPAC
    * NOTES THAT THESE APPROACHES ARE NON-BINDING AND HIGHLY
CONDITIONAL IN NATURE
    * NONE OF THE APPROACHES ARE SUFFICIENTLY DEFINITE OR
ADVANCED TO
WARRANT FURTHER DISCLOSURE AT THIS TIME
    * THERE IS NO CERTAINTY THAT A BINDING OFFER OR A
TRANSACTION OF
ANY KIND WILL EVENTUATE

Source text for Eikon:  ID:nASXlZ0dt 
Further company coverage:  TYR.AX 
 ((Reuters.Briefs@thomsonreuters.com;))