SYDNEY: James Packer's Publishing & Broadcasting Ltd (PBL), Australia's biggest casino owner, agreed to buy gambling venues in Canada for C$1.37bil (US$1.2bil) in its first foray into North America.
Packer, Australia's richest man, joined Macquarie Bank Ltd to buy Gateway Casinos Income Fund, a casino operator in Western Canada, for C$886mil, according to a statement yesterday.
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