Tatts and Tabcorp merger hit with federal court roadblock

Australian competition tribunal to re-hear the case following monopoly concerns

The proposed merger between Tatts and Tabcorp was thrown into doubt today, after the Australian Federal Court ruled against a competition tribunal’s approval of the deal. The reasons behind the Federal Court ruling will not be made public for five days but it means the Australian Competition Tribunal (ACT) will have to re-hear the case.…

Australia | M&A | Tabcorp | Tatts Group