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Top related persons:
Nic Fink's - 1 Fink - 1 he's - 1 Melanie Margalis - 1 He's - 1 Katie Ledecky - 1 Michael Andrew . Fink isn't - 1 Pierre le - 1
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Search resuls for: "TYR"


5 mentions found


☆ 30-year-old balances 9-to-5 job with Olympic swimming side hustle: 'I'm really thankful that they're letting me do it'
  + stars: | 2023-07-06 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +4 min
"My co-workers, in and out of the pool, are really great with my schedule. Fink isn't the first professional athlete with a standard day job. But balancing a side gig and a full-time job isn't easy, especially when the side gig is high-level athletic competition. Of course, Fink's swimming career isn't over yet. I'm really thankful that they're letting me do it," he said in a statement following his victory last week.
Persons: Nic Fink's, Fink, he's, Melanie Margalis, He's, Katie Ledecky, Michael Andrew . Fink isn't, Pierre le, Lanni Marchant, Paul Adams, Marchant, Warren Buffett Organizations: U.S, CNBC, Services, TYR, Olympics Locations: Atlanta, Tokyo, Canadian
☆ Tyro Payments ends buyout discussions with Potentia after rejecting A$875 mln bid
  + stars: | 2023-05-21 | by ( ) www.reuters.com   time to read: +1 min
May 22 (Reuters) - Australia's Tyro Payments (TYR.AX) said on Monday it has ended deal discussions with suitor Potentia Capital, months after the payment terminals firm rejected the private equity group's A$875 million ($593.5 million) buyout proposal. Potentia's decision to withdraw the offer follows Tyro granting it due diligence and engaging in "extensive negotiation" of material commercial terms, Tyro said in a statement. "Tyro also worked with Potentia to develop processes that could potentially address regulatory requirements to reduce risk to Tyro by providing increased confidence of completion in a reasonable timeframe," it added. Potentia had first offered to buy Tyro for A$1.27 per share in September, then improved its offer to A$1.60 in December. Tyro rejected both offers, saying they undervalued the company.
☆ Tyro rejects $593 million bid from Potentia Capital
  + stars: | 2022-12-11 | by ( ) www.reuters.com   time to read: +1 min
Dec 12 (Reuters) - Australian payment terminals firm Tyro Payments (TYR.AX) on Monday rejected the revised proposal from private equity firm Potentia Capital of A$1.60 per share which values the company at A$875 million ($593.43 million). Tyro said the higher offer continues to undervalue the company. "The revised indicative proposal comes at a time of significant share market volatility and cyclical weakness in global technology and payment company valuations," the company said in a statement. Additionally, Westpac (WBC.AX) also ended its discussions with Tyro, saying that it was not in the best interests of its shareholders. The bank was among the three biggest banks in October that were considering a bid for the payment terminals firm, underscoring the importance of new revenue streams as rising interest rates batter the mortgage market.
☆ Cryptoverse: British pound fiasco boosts bitcoin's hedge appeal
  + stars: | 2022-10-25 | by ( Lisa Pauline Mattackal | ) www.reuters.com   time to read: +4 min
Oct 25 (Reuters) - As a developed nation, you know your currency's in a spot of bother when investors start to hedge with bitcoin. Register now for FREE unlimited access to Reuters.com Register"It was the first time we've seen such a huge increase in (bitcoin) volumes for the currency of a developed country," said Ed Hindi, chief investment officer at Tyr Capital. In fact, over the past month of market ructions, U.S. Treasuries have been equally or more volatile than bitcoin, according to Refinitiv data. The pound volumes echoed similar instances of investors jumping into bitcoin when fiat money came under pressure, including in Russia and Ukraine this year. Some crypto watchers say the September surge was nonetheless a reflection of bitcoin's enduring appeal as an asset outside mainstream finance.
☆ Australia's Tyro Payments shares jump on takeover talks with Westpac, others
  + stars: | 2022-10-17 | by ( ) www.reuters.com   time to read: +2 min
Oct 18 (Reuters) - Australia's Tyro Payments Ltd (TYR.AX) confirmed on Tuesday it was in preliminary takeover talks with selected parties, including no.3 lender Westpac Banking Corp (WBC.AX), sending shares of the payment terminals firm up more than 5%. Tyro last month rejected a A$1.27 per share indicative offer from a private equity consortium led by Potentia Capital Management. Westpac on Tuesday separately confirmed the talks in a brief statement and said a potential deal would strengthen its small business proposition. "From a Tyro perspective, it's clear that Westpac would have significantly more synergies than the PE consortium. He said the logic of synergies from a deal for Tyro should also apply to Westpac's rivals National Australia Bank (NAB.AX) and Australia an New Zealand Banking Group (ANZ.AX).
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