- Tabcorp Holdings (TAH) will demerge its lotteries and keno business from its wagering, media and gaming services business
- Following a strategic review, Tabcorp has decided to pursue a demerger and create two standalone, ASX-listed companies
- The company is aiming to complete the demerger by June 2022, and expects the process to incur a one-off cost of around $225 million to $275 million
- Tabcorp will continue to engage with Betmakers (BET) — which has bid for its wagering and media business — in relation to international opportunities
- Shares closed at $1.05 on Friday, July 2, 2021
Tabcorp Holdings (TAH) will demerge its lotteries and keno...
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