Nov 25 (Reuters) - Tabcorp Holdings Ltd (TAH)
- Tabcorp enters into equity swap over c.10% of Tatts shares
- has entered into a cash-settled equity swap with an investment bank in respect of c.147 million shares in tatts
- Tabcorp and Tatts currently expect combination to be completed in mid-2017
- Transaction is intended to help facilitate proposed combination of Tabcorp and Tatts
- combination of Tabcorp and Tatts is expected to deliver significant value for both sets of shareholders as well as material benefits to other stakeholders
- Equity swap has an average reference price of $4.34 per Tatts share
News: TAH Tabcorp enters equity swap over about 10 pct of Tatts shares
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $981.9M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 49.0¢ | $1.508M | 3.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 146235 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 40346 | 3 |
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| TAH (ASX) Chart |
