Title: Tatts rejects Macquarie bid in favour of Tabcorp merger
Post by: NewsBot on December 30, 2016, 06:00:55 PM
Post by: NewsBot on December 30, 2016, 06:00:55 PM
Tatts rejects Macquarie bid in favour of Tabcorp merger
Source: Tatts rejects Macquarie bid in favour of Tabcorp merger (http://www.igamingbusiness.com/news/tatts-rejects-macquarie-bid-favour-tabcorp-merger)
23 December 2016
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 (http://www.igamingbusiness.com/news/tatts-rejects-macquarie-bid-favour-tabcorp-merger)