Tabcorp Holdings is seeking authorisation from the Australian Competition Tribunal to proceed with its proposed merger with Tatts Group, at the same time withdrawing its application for informal clearance by the Australian Competition and Consumer Commission (ACCC).

Tabcorp said that in light of strong stakeholder support for the transaction and its anticipated benefits, the company has decided that it has a compelling case to pursue a merger authorisation application in the Tribunal.

Premium subscribers continue here to the full article.