Tatts Group shareholder Sandon Capital says the company should look at separating its wagering and lotteries businesses, and should not accept a merger of equals with wagering giant Tabcorp. Brisbane-based Tatts and Melbourne-headquartered Tabcorp are holding talks about a potential $9 billion tie-up. A deal between Tabcorp, which runs the TABs in Victoria and New South Wales, and Tatts, which runs the tote in Queensland, South Australia and the Northern Territory, has long been mooted. Tabcorp made a $1.9 billion all-scrip bid for Queensland-based wagering operator UNiTAB, but was blocked by the Australian Competition and Consumer Commission....
↧
