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Expert expects demerger to benefit Tabcorp (ASX:TAH) share price


Expert expects demerger to benefit Tabcorp (ASX:TAH) share price
A proposed demerger could be good news for investors, according to this analyst…
Nikhil Gangaram is currently studying dentistry, however, his first love is the stockmarket which he believes to be the greatest wealth generator in the world. Nikhil has extensive experience in financial markets with a background in economics and having worked as an Australian equities trader for a proprietary firm. His investment philosophy has developed from being a short-term speculator to building long-term and sustainable portfolio returns. Nikhil hopes to help readers become better investors by focusing on stock selection and risk management. ....

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Tabcorp (ASX:TAH) share price drops on demerger news


Tabcorp (ASX:TAH) share price drops on demerger news
Tabcorp to become two, here are the details…
Mitchell Lawler is a site writer at The Motley Fool Australia. He holds a Bachelor of Engineering and previously worked in the consulting space while his interest in equities grew. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey.
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Tabcorp Holdings Ltd(ASX: TAH) shares are sinking this morning following the announcement of a demerger. At the time of writing, the Tabcorp share price is trading hands at $4.99, down 4%. ....

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Australia's BetMakers enters three-way bidding war for Tabcorp's wagering arm


Bid higher than offers by Entain and Apollo
BetMakers shares tank as much as 17%
May 28 (Reuters) - Australia s BetMakers Technology Group
Ltd on Friday intensified a three-way bidding war for
Tabcorp Holdings Ltd s wagering and media business,
offering A$4 billion ($3.1 billion) for the struggling division.
The BetMakers proposal dwarfs separate A$3.5 billion offers
by British sports betting firm Entain and U.S.-based
investment manager Apollo Management for the Tabcorp
unit hit hard by the halt to sporting events and closure of
betting shops due to the pandemic.
Tabcorp shares gained as much as 4.2% and scaled a near
3-1/2 year peak. BetMakers, though, slumped nearly 17% on news ....

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