TTS 0.00% $4.45 tatts group limited

News: TTS Tabcorp to seek authorisation from Australian Competition tribunal on Tatts merger

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    March 13 (Reuters) - Tabcorp Holdings Ltd (TAH)

    • Tabcorp to seek authorisation from Aust Competition tribunal
    • Lodged an application with australian competition tribunal for authorisation to proceed with proposed combination of Tabcorp and Tatts Group
    • As a consequence of lodging an application with tribunal, tabcorp has withdrawn its application for informal clearance by accc
    • Tabcorp is confident that as part of tribunal process it will address all relevant issues raised in soi by accc
    • Formed a view that it has a compelling case to pursue a merger authorisation application in Australian Competition tribunal
 
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