Packer agrees to Crown board ban in inquiry fallout – Sydney Morning Herald

ILGA said CPH would not initiate any discussions with Crown about its business operations, other than through public forums.
Crown is currently weighing up an $8 billion takeover offer from US private equity group Blackstone, which already owns 10 per cent of the company.
The Sydney Morning Herald and The Agereported on Thursday that CPH and ILGA had agreed that Mr Packer would not vote his shares on any issues relating to Crowns operations – such as the appointment of new directors – but would…

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