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 News21 hours agoEnsure voices are heard – Proctor
-
General22 hours agoReserve Bank board still looking for yesterday’s news
-
Noosa News17 hours agoMajor crash on Gateway Motorway snarls morning commute
-
Noosa News22 hours agoEric Bana Is Back in Murder-Mystery Mode (and in Scenic Surroundings) in the Trailer for New Netflix Series ‘Untamed’