PA parent to buy Australian racing supplier RAS Technology for A$49.8m
Deals & M&A · SectorWire deskSource published
Summary
The Press Association, parent of Podium, has agreed to acquire 100% of the issued shares in ASX-listed RAS Technology for A$49.8m, reported by EGR. Completion is expected in February 2027.
Why it matters
The deal adds Australian horseracing data and supplier capability to the PA group, reshaping racing-content supply competition.
Cite as: SectorWire, “PA parent to buy Australian racing supplier RAS Technology for A$49.8m”, 19 October 2026, https://sectorwire.news/item/pa-parent-to-buy-australian-racing-supplier-ras-technology-for-a-49-8m/
Key facts
- Type
- Acquisition
- Parties
- Press Association, Podium, RAS Technology