Street Talk
Tyro Payments targets retail investors; Potentia keeps working on bid
It’s blue sky retail shareholders vs institutional punters in the battle for Tyro Payments.
Tyro’s board, still waiting on a firm bid from Potentia Capital’s consortium, is stuck between the two shareholder groups’ very different views of the company and its outlook, and will have to bring them together if the situation is to turn into a near $1 billion takeover.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
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