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Financial Services & Real Estate Headlines

KKR-backed group halts work on Tatts takeover offer

A group backed by KKR & Co said on Friday it would not undertake further work on a takeover offer for Australia's Tatts Group Ltd after its A$6.15 billion ($4.60 billion) cash bid was rejected by the lottery operator's board.

KKR-backed group halts work on Tatts takeover offer

A group backed by KKR & Co said on Friday it would not undertake further work on a takeover offer for Australia's Tatts Group after its A$6.15 billion ($4.60 billion) cash bid was rejected by the lottery operator's board.

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