James Packer controls 25 per cent of Ellerston Capital, which has emerged as a substantial holder of Tabcorp shares. Photo: Glenn Hunt
James Packer controls 25 per cent of Ellerston Capital, which has emerged as a substantial holder of Tabcorp shares. Photo: Glenn Hunt
James Packer controls 25 per cent of Ellerston Capital, which has emerged as a substantial holder of Tabcorp shares. Photo: Glenn Hunt
James Packer controls 25 per cent of Ellerston Capital, which has emerged as a substantial holder of Tabcorp shares. Photo: Glenn Hunt
Ellerston Capital, the investment vehicle 25 per cent owned by the Packer family, has emerged with a 5 per cent stake in gambling giant Tabcorp Holdings.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
A substantial shareholding notice logged with the ASX on Wednesday morning revealed Ellerston has 38.8 million shares worth $156.2 million.
Ellerston Capital is controlled by trusted Packer family adviser Ashok Jacob, who – along with Ellerston's management team – controls 75 per cent of the company.
James Packer controls the remaining 25 per cent.
More to come
More from Business
More from Business
More from Business