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James Packer may play new US hand

Source: The Daily Telegraph (Australia)

Sydney : Australia | 3 months ago

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Mr Packer turned 42 yesterday and quit the board of Challenger Financial Services Group after selling his $400 million stake last week, The Herald Sun reports ...However, analysts say this is unlikely. "In our view, (Mr Packer's) Consolidated Press Holdings is much more likely to be raising cash to...

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More News From: Sydney : Australia

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News Stories

James Packer may play new US hand

News Source: The Daily Telegraph (Australia) | 3 months ago

Mr Packer turned 42 yesterday and quit the board of Challenger Financial Services Group after selling his $400 million stake last week, The Herald Sun reports ...However, analysts say this is unlikely. "In our view, (Mr Packer's) Consolidated Press...
Packer may use cash hoard for US casinos

News Source: The Age | 3 months ago

Australian billionaire James Packer may seek new US casino acquisitions after raising almost $900 million selling private assets, according to an analyst at Citigroup. Consolidated Press Holdings, the Packer family company, is ''unlikely'' to use the...
In Australia, a Battle for Pay TV

News Source: Asian Wall Street Journal | 3 months ago

Two Australian media barons are battling for control of a key stake in one of the nation's most promising media assets: pay-TV provider Foxtel. In one corner, James Packer -- until recently Australia's richest man -- is trying to defend the last...