Alphyra-FDC talks reach advanced stage

Alphyra's independent directors said today that discussions with First Data (FDC) are at an advanced stage and that FDC has made…

Alphyra's independent directors said today that discussions with First Data (FDC) are at an advanced stage and that FDC has made an indicative cash offer to acquire the stock for €2.80 per share.

The offer is subject to a number of preconditions including a satisfactory due diligence review and approval from US regulators.

A more detailed announcement will be made no later than February 5th, the company said.

Aphyra advised shareholders not to take any action pending clarification of the intentions of FDC.

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