Sept 11 (Reuters) - Tabcorp Holdings Ltd (TAH)
- Tabcorp provides update on combination with Tatts
- Tabcorp continues to expect transaction to deliver at least $130m p.a. of ebitda from synergies and business improvements
- Tabcorp expects that transaction will deliver at least $80 million p.a. Of ebitda in operational expenditure synergies
- Expected that about $10 million p.a. Of capital expenditure synergies will be available to combined group
- One-Off costs & capex associated with integration to achieve synergies & business improvements estimated to be about $119 million (post-tax)
