Pacific Consortium

    Pacific Consortium is a group of invetors made up of private equity firm KKR, Morgan Stanley’s infrastructure arm, First State Super as well as the Macquarie Group.

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    Pacific Consortium sweetens Tatts acquisition offer

    Private equity group Pacific Consortium has sweetened its offer for the proposed takeover of Tatts Group, making an all cash bid of A$7.2 billion, or A$4.21 cash per Tatts share. Last year, Tatts Group rejected the consortium’s cash-and-shares offer, which valued the lotteries giant at A$3.40 per share cash for the lotteries business and shares […]