Corrects Typographical Error in Headline to Say 'tyro' Not 'tryo', Corrects Day to Monday From Tuesday in the Second Bullet
** Morningstar Says Acquisition Offer by Tyro Payments Tyr.ax of Its Smaller Rival SmartPay Spy.nz Could Provide an Opportunity for the Australian Payment Solutions Company to Grow Its Scale and Offering
** Australian and New Zealand's Payment Services Providers Tyro and SmartPay, on MOnday, Said the Former Had Offered to Buyout Spy, Valuing It at Nz$241.1 Mln ($140.37 Mln)
** Brokerage Says SmartPay Offers Similar Products and Services as Tyro for Small and Medium-Sized Enterprises (Smes)
** the Integration of Both Companies' Technologies and Customer Bases Could Lead to Improved Efficiencies, Expanded Market Reach, and Enhanced Value Propositions for Smes - Morningstar
** Brokerage Finds It Too Early to Incorporate a Potential Deal Into Their Estimates and Flags Tyr Shares Are About 25% Undervalued
** Says Tyr Is Undervalued Likely Due to Reserve Bank of Australia's Proposal to Ban Debit Card Payment Surcharges
** Tyr Ended Monday at a$0.745
($1 = 1.7176 New Zealand Dollars)
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.chatterjee@Thomsonreuters.com;))
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