TTS 0.00% $4.45 tatts group limited

News: TTS Tabcorp repsonds to ACCC statement regarding Tatts group merger

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    March 9 (Reuters) - Tabcorp Holdings Ltd (TAH)

    • Tabcorp notes ACCC announcement,tts-tah.ax
    • Notes statement of issues released today by ACCC in relation to proposed combination of Tabcorp and Tatts Group Limited
    • Believes it is well advanced in addressing issues identified in SOI
    • ACCC has identified several other issues which may raise concerns
    • "Tabcorp has committed to divest its Odyssey gaming services business and is well advanced with a sale process"
    • ACCC has also identified several issues which are unlikely to raise concerns
    • ACCC raised one substantial issue of concern, is in relation to electronic gaming machine monitoring services and repair, maintenance services in queensland
    • "Tabcorp will continue to review the soi and assess its options to maximise the prospects of receiving competition approval for the transaction"
 
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