A new consortium has entered the fray to acquire Australian gaming giant Tatts Group with an offer of as much as AUD$7.3bn, which would see Tatt’s wagering and gaming businesses spun off and listed on the Australian Securities Exchange (ASX) or sold to a strategic party.
The Pacific Consortium includes private equity firm Kohlberg Kravis Roberts & Co. and Macquarie Corporate Holdings, with some of its members having previously conducted preliminary due diligence on Tatts earlier this year.
Tatts ceased [...]
