PPH News: Pushpay shares surge after NZ-based payments group confirms takeover talks - 24th May 2022, 1:39pm

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(Reuters) - Shares of Pushpay Holdings Ltd surged on Tuesday after the New Zealand-based payments group confirmed that it was in early talks with multiple parties over a potential acquisition.

Pushpay said it received multiple approaches last month to purchase the payment platform, but any deal to implement a transaction had not been reached.

Shares of Pushpay, which are listed in both New Zealand and Australia, were on a trading halt earlier in the day as the company weighed the implications ...

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