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James Packer's luxury superyacht listed for sale for more than $282 million

James Packer's luxury superyacht listed for sale for more than $282 million
9news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 9news.com.au Daily Mail and Mail on Sunday newspapers.

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James Packer fights push to limit Crown ownership, force share sale

The billionaire says a shareholder cap is not needed to address the “dysfunction” that has jeopardised Crown’s gaming licence in three states. ....

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How Israeli PM seduced an Aussie billionaire

How Israeli PM seduced an Aussie billionaire
Fresh details of James Packer’s love of Israel have been published ahead of his evidence at the corruption trial of PM Benjamin Netanyahu.
Crime
by Matthew Benns
Premium Content
Subscriber only
Billionaire James Packer dropped to his knees and kissed the feet of former Israeli President Shimon Peres when he visited the Aussie casino tycoon at his new home outside Tel Aviv.
Fresh details of the 53-year-old tycoon s love of Israel, flirtation with Judaism and his increasingly fragile mental state have been published in Israel ahead of Packer s evidence at the corruption trial of his friend and neighbour, Prime Minister Benjamin Netanyahu. ....

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Packer Gets Crown Exit Path With $2.3 Billion Oaktree Offer

Packer Gets Crown Exit Path With $2.3 Billion Oaktree Offer
Bloomberg
1 hr ago
Angus Whitley
© Bloomberg
Billionaire James Packer, co-chairman of Melco Crown Entertainment Ltd., attends a news conference at Melco s Studio City casino resort in Macau, China, on Tuesday, Oct. 27, 2015.
(Bloomberg) James Packer has a potential new exit path from troubled casino operator Crown Resorts Ltd. after Oaktree Capital Management LP offered to help Crown fund a purchase of the billionaire’s shares.
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Oaktree has offered as much as A$3 billion ($2.3 billion) in financing for the deal through a “structured investment,” Crown said Monday. According to the proposal, Crown would use the funds to buy some or all of Packer’s 37% stake in Crown. ....

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James Packer's private firm open to Blackstone's $6 billion buyout proposal for Crown Resorts

By Reuters Staff
2 Min Read
FILE PHOTO: The Crown Casino complex is pictured in Melbourne March 19, 2016. REUTERS/Jason Reed//File Photo
(Reuters) -Billionaire James Packer’s Consolidated Press Holdings (CPH) said on Tuesday it was open to considering private equity firm Blackstone Group Inc’s A$8.02 billion ($6.13 billion) proposal to buy Australian casino operator Crown Resorts Ltd.
Blackstone in March had proposed to buy Crown Resorts in a deal valuing the troubled casino operator at $6.2 billion, a markdown from its value a year ago but a possible reprieve from regulatory pressure.
Top shareholder Packer has been heavily criticized over his alleged influence over Crown despite quitting the board in 2018, with an enquiry by a state asking for a resolution on the ownership before allowing the company to hold a casino license in New South Wales. ....

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