KKR-backed consortium makes $5.5 billion counterbid for Australia's Tatts: Reuters

A group including private equity firm KKR (KKR.N) and Macquarie Group Ltd (MQG.AX) on Wednesday offered up to A$7.3 billion ($5.47 billion) to buy Australian lottery operator Tatts Group (TTS.AX), threatening a takeover deal with Tabcorp Holdings Ltd (TAH.AX), Reuters reported.

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