Entain confident of navigating roadblocks in “transformational” Tabcorp takeover

CFO Rob Wood is keen to capitalise on Australian omni-channel opportunity and backs Entain technology to reinvigorate underperforming wagering and media division

Entain is confident of gaining regulatory approval for its “absolutely transformational” takeover of Tabcorp’s wagering division if the two operators can agree on a price. Tabcorp is weighing up a split from its wagering and media arm amid pressure from shareholders and Entain is circling as a potential suitor, although it faces stiff competition from…

Australia | Entain | Ladbrokes Australia | M&A | Neds | New South Wales | Rob Wood | Strategy | Tabcorp