Last Week, in Event SPACE (24 June 2017)
In this note, CWT Ltd (CWT SP)’s deal completion probability slides on HNA Group's alleged oversight; PCCW Ltd (8 HK)’s net cash stub looks...
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Australian Competition Tribunal Gives the Green Light for Tatts-Tabcorp Merger; FVEs Adjusted
Overcoming what we view as the last major hurdle, the Australian Competition Tribunal, or ACT, gave the green light for the proposed merger between...
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Tabcorp & Tatts – Monopolies and Innovators
The Tabcorp (TAH AU)-Tatts (TTS AU) merger has been the source of much press over the last few months. Our attention, however, has been caught and...
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Tatts Renews the Victorian Government Lotteries Contract
Our AUD 4.20 per share fair value estimate for narrow moat rated Tatts is unchanged following the successful bid to renew the Victorian Public...
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Cash Is King as Pacific Consortium Emerges With an Attractive Revised Proposal to Acquire Tatts
As anticipated in our prior research reports, Pacific Consortium has emerged with a revised indicative and conditional proposal to acquire Tatts....
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