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Tatts rejects Macquarie bid in favour of Tabcorp merger

Started by NewsBot, December 30, 2016, 06:00:55 PM

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December 30, 2016, 06:00:55 PM
Tatts rejects Macquarie bid in favour of Tabcorp merger

23 December 2016

Tatts rejects Macquarie bid in favour of Tabcorp merger

Australia’s Tatts Group has today (Friday) turned down a takeover offer worth A$7.3 billion (â,¬5 billion/US$5.3 billion) from a consortium led by Macquarie Group, in favour of proceeding with a proposed merger with rival Tabcorp.



Source: Tatts rejects Macquarie bid in favour of Tabcorp merger
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