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Australia's Tabcorp says recent offers for wagering and media unit undervalue it

Published 29/03/2021, 09:12 am
Updated 29/03/2021, 09:18 am
© Reuters.

March 29 (Reuters) - Australian betting firm Tabcorp Holdings Ltd TAH.AX said on Monday it believed the proposals it had recently received for the acquisition of its wagering and media business did not sufficiently value the unit.

As a result, it said in a statement it would kick off a review of its businesses, which could include a potential sale of the wagering and media business to a third party or a possible demerger.

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