![The right to run iconic lotteries such as Powerball lies at the heart of the fight for Tabcorp.](/web/20161223062339im_/http://www.smh.com.au/content/dam/images/1/m/x/0/j/9/image.related.wideLandscape.460x259.gtgysj.png/1482471057964.jpg)
Tatts backs Tabcorp bid over consortium
Tatts Group will reject the takeover offer from a consortium of big-name and will retain its backing for Tabcorp's bid.
Tatts Group will reject the takeover offer from a consortium of big-name and will retain its backing for Tabcorp's bid.
In one of the last big deals for the year, good mates and businessmen, Geoff Dixon and John Singleton have sold three iconic Sydney pubs.
In 2013, Adele Ferguson gave a preview of her story about the Rinehart family feud, which included private emails between John Hancock, his mother and the CFO of Hancock Prospecting.
Department store owner Myer has been slapped with a pre-Christmas court action by the billionaire property magnate John Gandel.Â
Bloomberg's Keri Geiger discusses what Deutsche Bank is doing to restructure $300 million of debt held by US President-elect Donald Trump ahead of his inauguration and the bank's legal problems.
Deutsche Bank said it has reached an agreement to resolve a year's-long US investigation into its dealings in mortgage-backed securities, removing a major legal hurdle for the bank.
A company owned by Australia's richest woman, Gina Rinehart, will have to pay the costs of a journalist who the billionaire tried to force into revealing her sources for a book about the family.
The Italian government has agreed to bail out Monte dei Paschi di Siena after the world's oldest bank failed to to get a capital increase.
The ASX ended Friday's session in the red, after investors cashed in on a fairly healthy Santa rally for blue-chips.
Late profit-taking in the miners has pushed shares lower in a shortened pre-Christmas session, as Tatts rejects a competing offer from a Macquarie-led consortium.
Shaver Shop has emerged as the latest dud float of 2016, warning investors earnings will fall short of the forecast included in its prospectus which was issued mid-year.
US President-elect Donald Trump says he discussed cutting costs with the chief executives of two major defense companies he has singled out for criticism over project costs.
The Australian dollar on Thursday night hit its lowest point since May as the currency is under pressure from a resurgent greenback and weakness in the iron ore price.
After buying Kiwi independent fuel retailer Gull New Zealand, Caltex is expected to make more buys, with most attention focused on acquiring Mobil Oil NZ.
TaskRabbit was founded in 2008 with a big idea. On the company's website and app, people make money by assembling strangers' Ikea furniture or cleaning their bathrooms
A rogue blogger who claims to have revealed the identities of other lovers of Seven boss Tim Worner could face criminal contempt charges.Â
President-elect Donald Trump has shaken up years of Pentagon planning, tweeting he has asked Boeing to price a replacement of Lockheed Martin's F-35, the most expensive US weapon system ever.
Almost one in two people end up in a sexual relationship with their workmates, but it may not be the best thing for your career, HR professionals warn.
The embattled stem cell biotech has seen a major US drug company becoming a cornerstone investor and taking an option over two of its main products.
Goldman is planning an initial public offering in Hong Kong, appealing to small investors - but it's not the Goldman they have know.
The saga embroiling embattled Seven West boss Tim Worner continues to spiral out of control with the company's lawyers launching legal action to prevent the names of two prominent employees being linked with the scandal.
Don't get caught out listening to the same old track, here's the Financial Review's Baby Boomer guide to hip music we know you'll like.
European competition authorities may be formally notified of 21st Century Fox's bid for the rest of Sky in March at the earliest.
Monte dei Paschi di Siena said its plan to raise on the market €5 billion in capital by the end of the year had failed.
Two of the US economy's main engines are moving in different directions in the final quarter of 2016.
Ikea has reached a tentative settlement to pay $US50 million ($69 million) to three families whose young children were killed by the Swedish company's furniture.
Oil prices are set to recover next year as OPEC fulfils its agreement to cut output, Saudi Arabia's energy minister said.
China's liquefied natural gas imports surged as the world's third-biggest buyer boosted shipments to offset winter demand.
The Australian dollar briefly dipped below the US72¢ mark in overnight trade, as iron ore fell for a fifth day.
The price of iron ore fell for a fifth day, diving 3.8 per cent overnight, amid continuing concerns about smog.
I've always found exit interviews to be perplexing.
This Christmas, a small Newcastle bakery will have its biggest year yet.
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