Betmakers Technology Ceases Talks With Tabcorp Regarding Potential Change of Control Transactions

MT Newswires Live

02/12

Betmakers Technology Group (ASX:BET) confirmed that no formal offer has been received and that is has ceased talks with Tabcorp Holdings (ASX:TAH) regarding a potential change of control transactions, according to a Thursday filing with the Australian bourse.

The company had been approached by Tabcorp and informal talks had taken place regarding the potential change, the filing said.

Shares of the company fell past 2% in recent Thursday trade, while shares of Tabcorp Holdings were down nearly 2%.

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