Report
Daniel Ragonese
EUR 101.80 For Business Accounts Only

We are placing a wager on Tabcorp's ability to transition to the brave new digital world of betting.

We maintain our Tabcorp fair value estimate of AUD 4.20 per share following the completion of the Tatts acquisition. We have long expected the firms to cross the finish line, and our valuation already incorporates the earnings contribution from Tatts. The Supreme Court of Victoria has approved the proposed merger between the two companies, which will be implemented on Friday Dec. 22, 2017. Tatts shares will remain suspended from quotation Wednesday Dec. 27, 2017, when it is expected they will ce...
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.

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Daniel Ragonese

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