Tatts to Cut Book Carrying Value of Talarius Investment by $122 Million

Tatts Group Ltd. will cut the book carrying value of its investment in Talarius Ltd. by A$140 million. The company will be paying a dividend in October which isn’t expected to be less than the final dividend paid a year earlier. The company released the information in a statement to the Australian stock exchange today.

To contact the reporter on this story: Lisa Pham in Sydney at lpham14@bloomberg.net

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