Betting technology supplier BetMakers has joined the bidding to acquire the wagering and media business of Tabcorp.
BetMakers submitted a AUD$4.0bn indicative proposal Friday to acquire the business, with the bid comprised of $1.0bn in cash and $3.0bn in shares of BetMakers Technology Group.
The share element of the proposal would be decided at the time of any agreed transaction and priced at a 15 per cent premium to the traded price of BetMakers’ shares prior to [...]
