Tyro Payments (ASX:TYR) continues discussions with Potentia Capital Management

Tyro Payments (ASX:TYR) has responded to media speculation around ongoing corporate interest in Tyro from Potentia Capital Management, only saying it continued to be in discussions with Potentia about a possible change of control transaction.

The payment solutions company says it has not received any further proposal from Potentia since December 11, 2022, and if it receives a revised proposal from Potentia, it will inform the market accordingly.

Although Tyro continues to be in discussions with Potentia in relation to a possible change of control transaction, it says there's no certainty that these discussions will result in a non-binding indicative offer, a binding offer, or a transaction of any kind.

Its share price is up 4% on the news.