November 18, 2019 / 4:59 AM / 23 days ago

Tyro Payments seeks to raise up to $173 mln in Australia IPO

Nov 18 (Reuters) - Australia’s Tyro Payments filed a prospectus on Monday for a domestic initial public offering (IPO) that could raise as much as A$252.7 million ($173.23 million).

The payments services provider has set an indicative price range of A$2.50 to A$2.75 per share, according to the prospectus filed with the Australian Securities and Investments Commission.

Reuters had reported the company’s plan to list in Australia in October. ($1 = 1.4588 Australian dollars) (Reporting by Niyati Shetty in Bengaluru; Editing by Muralikumar Anantharaman)

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