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Potentia walks away from offer for Australia's Tyro Payments

By Scott Murdoch and Himanshi Akhand

May 22 2023 12:18PM

After due diligence and "extensive negotiation".

Potentia walks away from offer for Australia's Tyro Payments

Tyro Payments shares dropped by nearly 20 percent after it said private equity firm Potentia Capital does not intend to proceed with a buyout proposal. Potentia had first offered to buy Tyro for $1.27 per share in September, then improved its offer to $1.60 in December which valued the ...

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