Australia's Tatts says KKR, Macquarie-led bid not superior to Tabcorp offer

SYDNEY, Dec 23 (Reuters) - Australia's Tatts on

Friday said a takeover bid worth up to A$7.3 billion ($5.27

billion) led by KKR and Macquarie Group was not superior to an

offer from Tabcorp.

($1 = 1.3860 Australian dollars)

(Reporting by Jamie Freed; Editing by Chris Reese)

Read more