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Packer taps Moelis Australia for Crown Resorts – The Australian Financial Review
James Packer’s Consolidated Press Holdings has hired Moelis Australia to look after its interests at Crown Resorts.
James Packers Consolidated Press Holdings has hired Moelis Australia to look after its interests at Crown Resorts.
It is understood CPH has mandated Moelis to independently assess what to do with the groups Crown Resorts shareholding, in light of an $11.85 a share indicative offer from Blackstone.
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Packers CPH is Crown Resorts biggest shareholder with a 37 per cent stake worth $2.95 billion at $11.85 a share.
Its a plum gig for Moelis, which was last spotted at Crown Resorts…
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