An office building with Westpac logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020.

Australia's top two lenders, Commonwealth Bank of Australia (OTC: ) and National Australia Bank (OTC: ), have also been understood to have considered a play for the payments platform firm, but have not tapped in a counsel yet, the report said without naming any sources.

Tyro shares closed 8.7% higher at A$1.56, but have lost nearly half of their value so far this year.

Both Westpac and Tyro did not immediately respond to Reuters requests for comment.
JP Morgan's Australia office also did not respond right away.
Source: Investing.com
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