SKIP TO MAIN CONTENT

What Tabcorp and Tatts bring to a merger

Tabcorp and Tatts plan to form a single gaming giant worth $11.3 billion, but what does each party bring to the table?

1 min read

Published

Source: AAP


Skip to article content

HOW DOES THE TABCORP-TATTS MERGER SHAPE UP?

TABCORP

* Operates Luxbet, Keno, TAB, Sky Racing, TGS and UK betting site Sun Bets

* 2015/16 net profit of $170m

* Shares $4.89 prior to merger announcement

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

* In NSW, ACT, VIC, QLD

TATTS

* Operates UBET, Golden Casket, Tatts and NSW Lotteries

* 2015/16 net profit of $233m

* Shares $3.59 prior to merger announcement

* In VIC, NSW, QLD, SA, ACT, TAS, NT

TOGETHER

* Combined value of $11.3b

* Tabcorp to pay a 20 per cent premium on Tatts shares

* Merged by mid 2017

* $500 million share buyback post-merger

* Deal subject to ACCC and shareholder approval


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world