Business
‘It’s my life and I’m going to overrule you’: Packer insisted on Melco deal – The Age
James Packer insisted on the agreement to offload a 19.9 per cent stake in Crown to Hong Kong group Melco despite being presented with a number of different op…
Michael Johnston, a Crown director and executive at Mr Packer’s private company Consolidated Press Holdings (CPH), told the inquiry on Monday he presented Mr Packer with a number of different options to sell some or all of his 46 per cent stake in Crown in May last year.
However, by May 23, Mr Packer had settled on a sale to Melco, telling Mr Johnston via text message: “Mike, its my life and I’m going to overrule you”, the inquiry heard.
Mr Johnston told the inquiry he phoned Crowns then-execu…
-
Noosa News24 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
General23 hours agoTyler Wright soaks up Bells Beach return as poor conditions at Rip Curl Pro sees men’s opening round called off
-
General22 hours agoTruck driver charged with causing death by dangerous driving after highway crash
-
Noosa News21 hours agoGyrocopter pilot injured in crash-landing on K’Gari, north of Brisbane