Chanticleer
Wagering deal could solve Tabcorp’s big problems
Selling his wagering unit for a good price would help new Tabcorp chief Steven Gregg win back the support of his investors. But there are big hurdles.
Could this be the stroke of good fortune that new Tabcorp chairman Steven Gregg needs?
Creating a bidding battle between British wagering group Entain and a private equity bid reported to be led by Tanarra Capital and then successfully selling the group’s struggling wagering division would solve all of his biggest problems in one go.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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