Business
Crown’s future rides on Packer’s high-stakes testimony – Sydney Morning Herald
James Packer tried for two years without joy to sell out of Crown. Now the intensely private Packer is the star witness in a legal drama that could change his c…
The level of desperation to unload Crown shares became clear during testimony from Michael Johnston – a director of both Crown and Packers private company, CPH – one of the executives tasked with dealing with Packers stake.
Johnston spoke of three potential parties that had been targeted as possible buyers of a 19.9 per cent stake in Crown belonging to Packer. Dubbed project Rhino, Project Tiger and Project Lion, the inquiry would only hear the identity of one of these would-be predators – Sunc…
-
Noosa News23 hours agoForty years inside a Brisbane second-hand store
-
General12 hours agoElon Musk deletes post claiming Donald Trump is ‘in the Epstein files’
-
Noosa News23 hours agoPolice warn of ‘significant’ delays in determining Bundaberg teenager Pheobe Bishop’s cause of death
-
General19 hours agoJai Opetaia fights Claudio Squeo as he eyes Las Vegas bout on Crawford-Alvarez undercard