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Tabcorp to Sell its 11.6% Stake in Jumbo Interactive - Eastern European Gaming - News - Interviews - Legal Market Updates - Premium Reports - Events - Directory
Reading Time: < 1 minute Tabcorp Holdings Limited has entered into an agreement with Stockbroker UBS to sell its 11.6% stake in lottery company Jumbo Interactive. Tabcorp will sell 7,234,178 shares in Jumbo at a price of AU$13.52 (US$9.69) per share for gross proceeds of approximately AU$98m (US$70.24m). Profits after taxes are expected to […]
George Miller