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
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- News: TAH Tabcorp enters equity swap over about 10 pct of Tatts shares
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News: TAH Tabcorp enters equity swap over about 10 pct of Tatts shares
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Mkt cap ! $1.651B |
Open | High | Low | Value | Volume |
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15 | 480992 | 0.715 |
17 | 107882 | 0.710 |
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14 | 95983 | 0.700 |
Price($) | Vol. | No. |
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0.730 | 160273 | 14 |
0.735 | 60713 | 9 |
0.740 | 156875 | 10 |
0.745 | 31250 | 2 |
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