CrownBet drops opposition to Tabcorp-Tatts merger

The $11bn mega-merger between Tabcorp and Tatts Group has moved a step closer after CrownBet dropped legal proceedings against the proposed partnership

The proposed mega-merger between Tatts and Tabcorp received a significant boost today after CrownBet dropped its long-running legal effort to halt the deal. CrownBet, along with the national consumer watchdog, had been challenging the prospective merger in the courts due to the power the newly-formed organisation would have over the Australian gambling market. But CrownBet…

CrownBet | M&A | Tabcorp | Tatts Group