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Tatts Group Limited (TTS.AX)

ASX - ASX Delayed Price. Currency in AUD
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4.255+0.01 (+0.12%)
As of 2:21PM AEST. Market open.
Interactive chart
Previous Close4.250
Bid4.250 x
Ask4.260 x
Day's Range4.235 - 4.300
52 Week Range3.530 - 4.740
Avg. Volume2,736,656
Market Cap6.25B
PE Ratio (TTM)29.76
EPS (TTM)0.14
Earnings DateAug 17, 2017
Dividend & Yield0.19 (5.98%)
Ex-Dividend Date2017-03-06
1y Target Est4.31
  • Reuters25 days ago

    KKR-backed group halts work on Tatts takeover offer

    A group backed by KKR & Co said on Friday it would not undertake further work on a takeover offer for Australia's Tatts Group Ltd after its A$6.15 billion ($4.60 billion) cash bid was rejected by the lottery operator's board. Tatts shares fell as much as 4.8 percent to A$4.23 after Pacific Consortium said it would halt work on its bid, lowering the prospects of a higher offer emerging to compete with an agreed deal between Tatts and Tabcorp Holdings Ltd. Tatts is a prized asset due to its lucrative and reliable lotteries income and its monopoly licences.

  • Reuters25 days ago

    Australia's Tatts says KKR-backed takeover offer inferior to Tabcorp bid

    Australian lottery operator Tatts Group on Friday said a A$6.15 billion cash takeover offer from a consortium backed by U.S. private equity giant KKR & Co was not superior to a cash-and-scrip bid from Tabcorp Holdings. "In these circumstances, Tatts is unable to provide due diligence or engage with the Pacific Consortium," the company said in a statement. The Tabcorp bid valued Tatts at A$4.249 at the close of trade on Thursday, compared with the A$4.21 price of the offer from Pacific Consortium.

  • Barrons.comlast month

    Tatts Receives Revised AUD7.2 billion Cash Buyout Offer

    A consortium comprising private equity firm KKR and Macquarie Group have made an all-cash offer to acquire Australian lotteries and wagering firm  Tatts Group (TTS.AU), which has already agreed to a merger with rival Tabcorp Holdings. The Pacific Consortium is offering AUD4.21 per share, valuing the company at AUD7.2 billion on an enterprise value basis. In a stock exchange announcement Tatts said it is reviewing the proposal but in the meantime continues to unanimously recommend the Tabcorp proposal in the absence of a superior offer.