BRIEF-Tabcorp to seek authorisation from Australian Competition tribunal on Tatts merger

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Tabcorp Holdings Ltd

* Tabcorp to seek authorisation from Aust Competition tribunal

* Lodged an application with australian competition tribunal for authorisation to proceed with proposed combination of Tabcorp and Tatts Group

* As a consequence of lodging an application with tribunal, tabcorp has withdrawn its application for informal clearance by accc

* Tabcorp is confident that as part of tribunal process it will address all relevant issues raised in soi by accc

 

* Formed a view that it has a compelling case to pursue a merger authorisation application in Australian Competition tribunal Source text for Eikon: Further company coverage:

http://www.reuters.com/article/brief-tabcorp-to-seek-authorisation-from-idUSFWN1GP00P