TAH 1.01% 50.0¢ tabcorp holdings limited

News: TAH Tabcorp updates on legal proceedings

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    March 1 (Reuters) - Tabcorp Holdings Ltd (TAH) :

    • High court of Australia has today dismissed an appeal in relation to Tabcorp Holdings Limited versus state of Victoria
    • Says initial proceeding related to Tabcorp's claim for a payment of $686.83 million
    • Judgment is in respect of co's appeal against judgment of the court of appeal of the Supreme Court of Victoria delivered in December 2014
    • Says High Court judgment brings to an end a proceeding which has been running since August 2012
    • As a result of Victorian Government'S decision in 2008 that co was not entitled to payment,co incurred charges against earnings in previous financial years"
                        
 
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