Smartpay confirms dual takeover bids

Smartpay provides point-of-sale payments options from eftpos terminals to QR code solutions. (Image: Smartpay)

Mon, 17 Mar 2025

Smartpay has confirmed it is considering “preliminary only and highly conditional” takeover bids from two companies.The eftpos terminals and payments company is dual-listed on the Australian Securities Exchange (ASX) and New Zealand Exchange (NZX).A release to the exchanges on Monday morning said one takeover proposal was from Australian competitor Tyro Payments and the other from “an international strategic” party.It stated that the Tyro bid was for 100% of Smartpay’s ordinary shares by way of cash and stock at $1...

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