Nov 25 (Reuters) - Tabcorp Holdings Ltd TAH.AX
* Tabcorp enters into equity swap over c.10% of Tatts shares
* has entered into a cash-settled equity swap with an investment bank in respect of c.147 million shares in tatts
* Tabcorp and Tatts currently expect combination to be completed in mid-2017
* Transaction is intended to help facilitate proposed combination of Tabcorp and Tatts
* combination of Tabcorp and Tatts is expected to deliver significant value for both sets of shareholders as well as material benefits to other stakeholders
* Equity swap has an average reference price of $4.34 per Tatts share Source text for Eikon: ID:nASX6qjbJD Further company coverage: TAH.AX