Tag Archives: Pacific Consortium
- Pacific Consortium revives bid to spoil Tatts’ merger with Tabcorp
April 19, 2017
Tatts Group’s plan to form an Australian betting behemoth with rival operator Tabcorp Holdings is being challenged yet again. This time, the Pacific Consortium—a group backed by U.S. private equity firm Kohlberg Kravis Roberts (KKR)—has returned to present a multi-billion-dollar spoiler to the planned merger between the two Australian gambling...
- New group tries to scuttle Tabcorp proposal with $5.5B offer for Tatts
December 14, 2016
Tabcorp Holdings’ plans to form a betting behemoth with fellow Australian gambling operator Tatts Group may hit a snag with the appearance of a new suitor. On Wednesday, reports surfaced that a new bidding group, called the Pacific Consortium, offered as much as AUD7.3 billion (USD5.5 billion) for Tatts Group....
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016