Tatts and Tabcorp now officially one

News on 22 Dec 2017

Tabcorp Holdings Limited  advises that the Scheme of Arrangement in relation to the combination of Tabcorp and Tatts Group Limited has been implemented today (Friday 22 December).

Tatts is now a wholly-owned subsidiary of Tabcorp.

Tabcorp additionally announced the appointment of Harry Boon as a non-executive director of Tabcorp following the merger with Tatts and in compliance with prior agreements. Boon was the chairman of Tatts until implementation of the merger, having served as a director since 2005.

He is currently the chairman of Asaleo Care Limited and formerly a director of Toll Holdings Limited from 2006 to 2015. Boon was previously CEO and managing director of ASX listed company, Ansell Limited, until he retired in 2004, a position which capped a career spanning some 28 years with the Ansell Group.

He has held senior positions in Australia, Europe, the US and Canada, and has broad-based experience in global marketing and sales, manufacturing, and product development.

Tabcorp chairman, Paula Dwyer, welcomed the appointment, saying: “Harry brings his significant Board experience to Tabcorp including his deep insight into Tatts, which he has led as chairman since 2006. Harry’s ongoing involvement as a director of Tabcorp will be valuable as we progress the integration of the combination.”

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