Branson Short Ofmacau Gaming Partner As Aussie Firm Pulls Out

Evening Standard - London › February 21, 2007

Linked as:

Summary

VIRGIN Group is looking for a new partner for its planned casino in Macau as Australian betting group Tabcorp scrapped all expansion plans after its profits collapsed.

Sir Richard Branson had been tipped to join Tabcorp on the $3 billion (Pounds 1.53 billion) project after he visited Macau last month with Tabcorp chief executive Matthew Slatter. But Slatter today confirmed he was pulling out of the deal.

See the full content of this document

Extract

Branson Short Ofmacau Gaming Partner As Aussie Firm Pulls Out

"Merger and acquisition activity and in...

See the full content of this document