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Tabcorp Holdings Provides Strategic Review Conclusion and Intention To Demerge Lotteries & Keno Presentation

05 Jul 2021  |  08:47:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Strategic Review conclusion and intention to demerge L&K

Tabcorp Holdings provided presentation in relation to the conclusion of the Strategic Review and intention to demerge the Lotteries & Keno business. It reported the transaction will allow these two businesses to operate independently with focused management, optimise their capital structures and to trade at market values which reflect their individual characteristics. The Company is targeting Demerger completion by the end of June 2022.

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