Crown Resorts logo

CWNHB - Crown Resorts News Story

A$92.05 0.3  0.3%

Last Trade - 5:51am

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £3.51bn
Enterprise Value £3.99bn
Revenue £1.26bn
Position in Universe 88th / 1827

BRIEF-Tabcorp Enters Agreements With Crownbet

Wed 29th November, 2017 10:56pm
Nov 30 (Reuters) - Tabcorp Holdings Ltd  TAH.AX : 
    * TABCORP ENTERS INTO AGREEMENTS WITH CROWNBET 
    * DEAL RELATED TO SETTLEMENT OF PROCEEDINGS COMMENCED BY 
CROWNBET 
IN RELATION TO LEGAL STATUS OF THEIR PROPOSED ARRANGEMENTS WITH 
CLUBS IN NSW 
    * DEAL ALSO RELATED TO SUPPLY OF DIGITAL RACING VISION TO 
CROWNBET'S CUSTOMERS (VISION SUPPLY AGREEMENT) 
    * ENTERS AGREEMENTS WITH CROWNBET PTY LTD ABOUT SETTLEMENT 
OF 
CROWNBET'S OPPOSITION TO PROPOSED COMBINATION OF TABCORP & TATTS 
GROUP 
    * CROWNBET HAS AGREED NOT TO APPLY FOR JUDICIAL REVIEW OF 
TRIBUNAL'S DECISION ON 22 NOVEMBER 2017 TO GRANT AUTHORISATION 
FOR TRANSACTION 
    * CROWNBET HAS ALSO AGREED NOT TO TAKE ANY ACTION WHICH 
WOULD 
IMPEDE IMPLEMENTATION OF TRANSACTION 
    * CROWNBET HAS AGREED NOT TO COMMENCE ANY FURTHER COURT 
PROCEEDINGS IN RELATION TO SUBJECT MATTER OF NSW SUPREME COURT 
DECLARATION 
 
Source text for Eikon:  ID:nASX4ZlY8Z  
Further company coverage:  TAH.AX  
 
 ((Bangalore.newsroom@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.