Tatts Group set to buy Intralot Australasian businesses

Australia-listed Tatts Group has confirmed it has “for some time” been in discussions with Intralot SA to potentially acquire Intralot’s Australian and New Zealand businesses.

The confirmation came after DataRoom revealed the potential Intralot deal.

According to the company, the discussions have advanced to a confirmatory due diligence stage and Intralot has agreed to conduct this process on an exclusive basis with Tatts.

However, no final proposal has been made, said Tatts.