Good evening,
 
 

Good evening,

It's off to the capital raising races for listed gambling giant Tabcorp.

The $7.5 billion company will hand down its full-year results to shareholders on Wednesday and tonight we reveal it's well and truly locked in a $500 million-odd equity raising to accompany them.

The big question, though, is what narrative Tabcorp will come up with to attract new investors to tip into the offer, or convince former shareholders to take a fresh look.

Meanwhile, Brookfield-owned coal terminal Dalrymple Bay has appointed three retail brokers for its mooted initial public offering and three more appointments are in the pipeline.

Finally, we take a look at a buy now, pay later spinoff focused on the art market that's raising money and boutique fund manager Alceon reckons it could be time to start jumping back into REITs.

Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors

 
The Australian Financial Review
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