Smartpay shares up 20% after entering exclusivity agreement with prospective buyer

Smartpay is a dual-listed eftpos terminal and payments company. (Image: NZME)

Mon, 05 May 2025

Smartpay shares are up nearly 20% after the firm announced one of its prospective buyers has raised the offer price and successfully secured exclusivity. In March, the eftpos terminal and payments company confirmed it was considering “preliminary only and highly conditional” takeover bids from two companies, including Tyro Payments and another undisclosed international strategic party. Smartpay updated the NZX before markets opened on Monday, saying the undisclosed party offered a revised, conditional, non-binding indicati...

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