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.”