By Devika Patel
Knoxville, Tenn., Jan. 30 - Tabcorp Holdings Ltd. said it has arranged a private placement of shares for A$300 million.
The company will sell approximately 51.7 million ordinary shares at A$5.80 each.
Settlement is expected Feb. 4.
Based in Melbourne, Australia, Tabcorp provides leisure and entertainment services.
Issuer: | Tabcorp Holdings Ltd.
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Issue: | Ordinary shares
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Amount: | A$300 million
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Shares: | 51.7 million (approximate)
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Price: | A$5.80
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Warrants: | No
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Pricing date: | Jan. 30
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Settlement date: | Feb. 4
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Stock symbol: | Australia: TAH
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Stock price: | A$6.59 at close Jan. 30
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