Report
Ravi Reddy
EUR 147.86 For Business Accounts Only

Tabcorp and Tatts Try Going Down the Aisle a Second Time; Tatts' FVE Lifted to AUD 4.40

In the space of less than 12 months, Tabcorp Holdings and Tatts Group are having another crack at combining. The proposed scheme of arrangement is subject to a number of approvals including those from Tatts shareholders, government agencies, industry bodies and the Australian Consumer and Competition Commission, or ACCC. Tabcorp is offering Tatts shareholders 0.8 Tabcorp shares plus AUD 0.425 in cash for each Tatts share. No specific timetable was provided other than expectations for completion ...
Underlying
Tatts Group Limited

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ravi Reddy

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