What the FluxWhat the Flux

Tyro rejects all buyers | Microsoft buys into London Stock Exchange | Grocery delivery eats saturation

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Tyro, the 5th largest provider of eftpos services in Australia, has rejected two bids from two separate potential buyers... and some investors were a little bewildered.

 

US tech company Microsoft has just agreed to buy 4% of the London Stock Exchange Group in a $2.8 billion USD deal.

 

Getir, the European instant grocery delivery app, has acquired its competitor Gorillas for $1.2 billion USD, as the instant delivery market become oversaturated.

 

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What the Flux

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