Tatts merger could squeeze call centres and marketing divisions, say analysts - Courier Mail

COST cuts from the merger of Tatts and Tabcorp could fall on call centres and marketing divisions at the gaming companies' wagering divisions, according to analysts. Brisbane-based Tatts this week agreed to a takeover from Melbourne-based Tabcorp in an ...

Tabcorp and Tatts Merger to Create Aussie Betting Super Power - Casino.Org News

Tabcorp Chairman Paula Dywer said the deal would be goof not just for shareholders but also the racing industry, business partners, customers, and governments. (Image: Dominic Lorrimer). Tabcorp and Tatts, Australia's two biggest homegrown betting ...

Tatts Shareholders Win In Tabcorp Merger - ShareCafe (registration)

Tatts (TTS) shareholders were the big winners yesterday from the proposed $11.3 billion merger with rival Tabcorp (TAH). Melbourne-based Tabcorp has agreed to pay a 20% premium for each Tatts share and the combined company will launch a $500 ...

Tabcorp, Tatts agree A$11bn merger - Gambling Insider - In-depth Analysis for the Gaming Industry

Australian gambling giants Tabcorp Holdings and Tatts Group have unveiled the terms of a merger to create a A$11.3bn wagering powerhouse. Shares in the two companies were placed in a trading halt on Tuesday morning, “pending an announcement in ...

Tatts and Tabcorp merger is compelling for shareholders - Herald Sun

The merger is not just compelling for the most obvious winners — the shareholders in the target Tattersalls. They get a trio of goodies — a higher price for their shares upfront, the benefits of a special dividend and then the majority slice of the ...

ASX rises as gaming megamerger lifts spirits - The Sydney Morning Herald

Shares closed firmer on Wednesday, driven by hopes of further merger activity following the $11.3 billion tie-up between Tatts and Tabcorp. Investors digested a slew of equities news, while consumer discretionary stocks led the bourse higher, followed ...

Tatts shareholders eye windfall in merger with gaming giant Tabcorp - Courier Mail

TABCORP has no immediate plans to sell off the Tatts lotteries business but has not ruled it out down the track. The call came as Melbourne-based Tabcorp yesterday tabled plans to buy Brisbane-based Tatts and create an $11.3 billion betting powerhouse ...

Australia gambling giants Tabcorp and Tatts plan merger - BBC News

Two of Australia's biggest bookmakers plan to merge, as they try to compete against the rise of online betting. Tabcorp and Tatts Group - the country's largest non-casino gambling firms - hope to form a business worth A$11.3bn ($7.1bn; £8.7bn). But the ...

Tabcorp, Tatts bet on $11.3b mega-merger - SBS

Tabcorp and Tatts will merge into a single $11.3 billion gaming giant with annual revenue of more than $5 billion and a grip on Australian tote betting. Source: AAP. 19 Oct 2016 - 3:48 PM UPDATED 19 Oct 2016 - 3:48 PM ...

Tattersalls a red-hot tip to join forces with Tabcorp - Herald Sun

TABCORP and Tatts will announce as soon as this morning they are joining forces, industry experts believe, in a move creating a $10 billion betting powerhouse. Shares in both gaming companies were put in a trading halt on Tuesday amid frenzied ...

Tabcorp Said to Offer Premium for $4 Billion Betting Firm Tatts - Bloomberg

Tabcorp Holdings Ltd. plans to offer at least a 10 percent premium to Tatts Group Ltd. investors, as it makes another attempt at a combination of the two Australian betting companies, people with knowledge of the matter said. An agreed deal may be ...

Tabcorp, Tatts revive merger speculation - NEWS.com.au

Wagering giants Tabcorp and Tatts Group have revived the likelihood of a merger that would create a $9 billion gambling behemoth, less than a year after first failing to reach a deal. Shares in the two companies were placed in a trading halt on Tuesday ...

Tabcorp and Tatts in talks to create $10 billion gaming behemoth - The Sydney Morning Herald

Wagering giants Tabcorp Holdings and Tatts Group are again pursuing merger talks that would create a $10 billion gaming behemoth. The two companies requested trading halts on Tuesday morning to review a scheme of arrangement proposal. SHARE

Tabcorp, Tatts in merger talks - Punters.com.au

A merger between Tabcorp and Tatts Group is back on the cards with both companies announcing a trading halt on Tuesday. The two parties were in talks last year regarding a potential merger, but the deal broke down in November after they were unable to ...

Analysts weigh into Tabcorp/Tatts; capital mgt, ACCC, synergies - The Australian Financial Review

Tabcorp chair Paula Dwyer and Tatts Group chair Harry Boon will be side-by-side on Tabcorp's board should the $11.3 billion merger be successful. Jesse Marlow. by; Sarah Thompson · Anthony Macdonald · Joyce Moullakis. Tabcorp's new targeted gearing ...

Tabcorp, Tatts hunt goes global - Business News

A combined Tabcorp and Tatts Group $11.3 billion wagering giant will have the firepower to hunt for acquisitions and bid aggressively for lotteries and wagering contracts overseas, and take on the international bookmakers who have wreaked havoc in the ...

Tatts-Tab merger compelling for shareholders - Courier Mail

The merger is not just compelling for the most obvious winners — the shareholders in the target Tatts. They get a trio of goodies — a higher price for their shares upfront, the benefits of a special dividend and then the majority slice of the ongoing ...

Australian Gambling Cos. Tabcorp, Tatts Ink $4.9B Tie-Up - Law360 (subscription)

Law360, New York (October 19, 2016, 1:44 PM EDT) -- Australia's Tabcorp Holdings Ltd. unveiled a A$6.37 billion ($4.88 billion) cash-and-stock takeover of rival Tatts Group Ltd. on Wednesday, bringing together the two gambling businesses to form a ...

Australian gambling giants to merge - Taipei Times

Australian gambling giants Tabcorp Holdings Ltd and Tatts Group Ltd yesterday announced a merger to create an A$8.6 billion (US$6.6 billion) powerhouse taking bets on horse racing and sports events across the nation. The listed firms, who have pursued ...

Aussie Gaming Companies Tabcorp, Tatts Group Announce $11 Billion Merger - Paulick Report

Australian betting firm Tabcorp Holdings announced Wednesday that it would purchase fellow betting firm Tatts Group in a deal valued at AUS$11 billion (US$4.9B). According to the website Punters.com, the merger is expected to bring in at least “AUS$50 ...