Star Withdraws Proposal To Merge With Billionaire James Packer’s Crown

Star Entertainment Group said Friday it pulled its proposed merger with Crown Resorts—controlled by billionaire James Packer—amid allegations of tax evasion and lax money laundering controls at Crown’s Melbourne casino.

Source: https://www.forbes.com/sites/jonathanburgos/2021/07/22/star-withdraws-proposal-to-merge-with-billionaire-james-packers-crown/

Join the Discussion

  • BrokerEUR/USD
    ETX Capital 0.6pips (variable) margin: 3.33%
    City Index 0.5pips (fixed) margin: 3.33%
  • Back to top