When did Tabcorp and Tatts merge?

13 December 2017
On 13 December 2017, the $11 billion merger between Tabcorp Holdings Ltd (Tabcorp) and Tatts Group Ltd (Tatts) became effective upon Supreme Court approval.

How much did Tabcorp pay for Tatts?

The $11 billion Tabcorp and Tatts Group merger is set for completion by Christmas after Tatts shareholders voted overwhelming in favour of the deal.

What happened to Tabcorp?

Tabcorp is under renewed pressure from key investors to dismantle its business after confirming it has been approached about potential deals that would split its underperforming wagering business from the lucrative lotteries arm. Tabcorp’s chief executive David Attenborough is due to follow her out the door this year.

Who owns Tatts Group?

Tabcorp
Tatts Group Limited/Parent organizations

What was the dividend when Tabcorp merged with Tatts?

Tabcorp (TAH) merged with Tatts (TTS), and issued shareholders of TTS with shares in TAH. Eligible shareholders received 0.8 TAH shares for each TTS share they own plus Cash Consideration of $0.265 and Special Dividend of $0.160.

When did Tatts Group merge with UNiTAB Limited?

Racing and sports wagering. Tatts Group holds wagering licences under its subsidiary UBET in Queensland, South Australia, the Northern Territory and Tasmania. Most of these assets were previously owned by UniTAB before it merged with Tattersalls Limited to form the modern Tatts Group in 2007.

What did Tatts and Tabcorp do for gaming?

Tabcorp and Tatts both supply gaming and promotional management systems and services to gaming venues and gaming monitoring services to state governments.’ Tabcorp originally sought informal clearance from the ACCC. The ACCC released of a Statement of Issues on 9 March 2017.

What was the special dividend for Tatts shareholders?

the cash consideration of $0.265. The cash consideration of $0.425 was reduced by a fully franked Tatts special dividend of $0.16 which was paid to the Tatts shareholders on 19 December 2017. A fund has a holding of 10,000 TTS shares purchased on 23/07/2015 at a price of $3.99. As a result of the merger, the fund will receive the following: