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News: TTS Tatts updates on merger with Tabcorp

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    27/10/16
    15:48
    Post #: 20171996

    Oct 27 (Reuters) - Tatts Group Ltd (TTS)

    • "Sensitive to the possible impact on jobs in queensland arising from this combination"
    • Tabcorp's CEO, David Attenborough, will lead combined group
    • CEO Robbie Cooke, will depart Tatts when transaction is completed, expected to be mid 2017
    • "Would also anticipate that many of our expert team members across all business units would be needed by Tabcorp to drive and grow the combined group"
    • "Victorian government is expected to announce a decision in relation to the victorian lotteries licence towards the end of FY17"
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