tah moves on jup - what of pbl?

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    According to AFR.com (posted just after 6.00pm), JUP has been approached by TAH regarding a potential merger scenario. The article states that merger discussions with UNiTAB are continuing.

    Clearly, JUP is now in play. So, could it be long before PBL (and Crown) make their move, as well?

    Regardless, this leaves Burswood out in the proverbial cold.

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    Tabcorp moves on Jupiters
    Jan 11
    AAP

    Queensland gaming group Jupiters Ltd on Friday evening announced that following an approach from Tabcorp Holdings Ltd, discussions have commenced which could lead to a change of control of Jupiters.

    In a statement, Jupiters said the discussions were "very preliminary and are incomplete, no agreement has been reached and whether any will be, is uncertain at this stage".

    "If these discussions result in any agreement between the parties, a further announcement will be made," Jupiters said.

    Jupiters said that as previously announced it continues to have discussions with UNiTAB Ltd in relation to the proposed merger of equals.

    "The parties are working towards an agreement on merger terms by the end of January; however, it is also uncertain as to whether this timeframe will be met or an agreement as to appropriate merger terms will be reached."



 
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