Tabcorp Ltd Watchlist
Tabcorp & The Lottery Co Spin-Off - Valuation Grids and Index Treatment
366 Views, 17 May 2022 14:52
Tabcorp Ltd (TAH AU) will soon spin out its Lottery and Keno business, to be called The Lottery Corp (TLC AU). TAH shares go ex-TLC on 24 May.
- The question is where do they trade. What is in the price? What is not? What are the potential index implications?
- This insight provides a grid of index implications and pro-forma valuations (EV/EBITDA, PER, Dividend Yield) for each and both and the combined entity.