June 8 (Reuters) - Tabcorp Holdings Ltd (TAH), Australia's biggest horse racing and sports betting company, said on Thursday the Australian Competition Tribunal has extended its deadline to rule on Tabcorp's A$6.4 billion ($4.82 billion) deal to buy rival Tatts Group Ltd (TTS).
The Australian competition watchdog pushed out the deadline to Sept. 10, from June 13 previously, Tabcorp said in a statement. [nASX34whsF]
Tabcorp agreed in October to acquire Tatts in an effort to fend off a growing challenge from overseas online rivals.
($1 = 1.3264 Australian dollars)
News: Australia's Tabcorp says competition watchdog extends review period
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Last
72.5¢ |
Change
-0.015(2.03%) |
Mkt cap ! $1.657B | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.5¢ | 72.5¢ | $1.735M | 2.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 91691 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 31639 | 1 |
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