Packer plans to sell his 25 percent stake in pay TV operator
Foxtel, worth about $1 billion, to fund a takeover of casino
group Echo Entertainment to form a $10 billion gaming giant, the
Herald Sun newspaper said on Thursday.
Wednesday, May 2, 2012
Australia's Packer to sell Foxtel stake, buy Echo-report
MELBOURNE, May 3 (Reuters) - Australian billionaire James
Packer plans to sell his 25 percent stake in pay TV operator
Foxtel, worth about $1 billion, to fund a takeover of casino
group Echo Entertainment to form a $10 billion gaming giant, the
Herald Sun newspaper said on Thursday. 
Packer plans to sell his 25 percent stake in pay TV operator
Foxtel, worth about $1 billion, to fund a takeover of casino
group Echo Entertainment to form a $10 billion gaming giant, the
Herald Sun newspaper said on Thursday.
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