Ann: Talon Acquisition Implemented, page-41

Has there been any formal ruling issued by the ATO? If not, it will come in due course which will advise TPD holders of the tax implications including rollover relief and allocation of cost base for both their new STX and TMK shares.

I haven't really followed it in too much details but from what I had gathered, rollover relief will be applied to the STX shares - meaning it's not a CGT event. You just need the ATO ruling to determine what cost base to allocate to your new STX shares. Unsure if the same rollover relief will also apply to TMK.

Maybe JD can help since he seems to be very much across all the details of the deal

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