Australian Competition Tribunal

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    Tabcorp Tatts merger back on the cards

    The merger of Tabcorp and Tatts Group is back on track after the Australian Competition Tribunal ruled on Friday that the merger is allowed proceed again, local media reports. The merger was called back into question in July after the Australian Competition and Consumer Commission appealed against the tribunal’s first ruling in June. Following the […]

    Delays likely for Tabcorp merger

    The A$11 billion (US$8.9 billion) merger between Tabcorp and Tatts is looking more likely to be delayed after the Competition Tribunal set an October 24 to 25 date for the merger rehearing, The Australian reports. The dates fall after an October 18 proposed meeting where Tatts shareholders are expected to vote on the deal. “This […]

    Tabcorp merger thrown into disarray

    The A$11 billion (US$8.9 billion) merger between Australia’s Tabcorp and Tatts Group hit a rather large snag on Wednesday after the federal court ruled that the decision be sent back to the Australian Competition Tribunal (ACT), local media reports. The latest court decision is a result of a July appeal from the Australian Competition and […]

    ACCC withdraws injunction request against Tabcorp merger

    The Australian competition regulator has withdrawn its bid to stop the Tabcorp-Tatts merger from moving forward while the appeal against its approval is heard, local media reports. The Australian Competition & Consumer Commission (ACCC) originally sought an injunction after requesting for a federal review of Australian Competition Tribunal’s approval of the deal. ACCC chairman Rod […]

    CrownBet joins ACCC appeal to Federal Court

    Australian wagering operator CrownBet has launched its own appeal against the recent decision from the Australian Competition Tribunal (ACT) approving the Tabcorp-Tatts Group merger, local media reports.   The decision follows a move from the Australian Competition & Consumer Commission asking the Federal Court to review the ACT ruling. On Monday, ACCC chairman Rod Sims […]

    ACCC appeals decision on Tabcorp-Tatts merger

    The proposed Tabcorp-Tatts Group merger is set to face a new set of hurdles after the ACCC on Monday announced it is seeking a judicial review of its recent approval. The watchdog on Monday said it has applied for a judicial review of the recent Australian Competition Tribunal (ACT)’s decision to approve the Tabcorp-Tatts merger, […]

    Tabcorp gets regulatory green-light for merger

    Tabcorp Holdings has been given the go-ahead from the Australian Competition Tribunal for its proposed merger with lottery giant Tatts Group, according to an ASX announcement from Tabcorp on Tuesday. The tribunal noted it is “satisfied that the proposed merger is likely to result in substantial public benefits,” according to president, John Middleton in a […]

    Tabcorp lodges application with competition tribunal

    Australia-listed Tabcorp has lodged an application with the Australian Competition Tribunal for authorization to proceed with its merger with Tatts Group. According to a media release, the tribunal application “will be supported by substantive evidence from a wide range of industry participants and experts as to the substantial public benefits from the Transaction accruing to […]