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Tyro Partners with Bendigo Bank to Create a long-term merchant acquiring alliance | AUS |

  • October 16, 2020 08:09 PM AEDT
  • Team Kalkine

Tyro Payments Limited  (ASX: TYR) announced that it is entering into a partnership with Bendigo Bank to create a long-term merchant acquiring alliance.

Gold MTF non-AMP

Bendigo Bank would provide all other banking services to these customers. Tyro expects to implement over 26,000 Tyro terminals in 2021 for the alliance.

TYR shares were trading at A$4.205, up 7.270% from the previous close.

* Nickel Mines Signs MOU To Buy 70% Off 4 New RKEF Lines At Weda Bay Nickel Mines Limited (ASX: NIC) has signed a MOU with Shanghai Decent Investment Group Co., Ltd to buy a 70% interest in PT Angel Nickel Industry. The MOU has been signed for 4 next-generation rotary kiln electric furnace (RKEF) lines at the Indonesia Weda Bay Industrial Park. The Company’s attributable nickel production profile could nearly double within 2 years and the acquisition methodology permits optimal funding mix from debt, cash reserves, and equity.

New Hope Corporation Proposes Voluntary Terminations To Workers In Its Corporate Headquarters

New Hope Corporation Limited (ASX: NHC) has proposed voluntary terminations to workers in its corporate headquarters. The Company would undergo a considerable restructure with up to 75% of the workforce at the corporate office expected to be made redundant by the end of next month. With these changes, there would be a more simplified management structure with most of the executive positions being eliminated. NHC shares were trading at A$1.195, down 2.449% from the previous close.

 


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