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.