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MELBOURNE: Rupert Murdoch's News Corp made a $2 billion takeover offer for Australia's Consolidated Media Holdings on Wednesday, boosting top shareholder and billionaire James Packer's warchest as he abandons media in favor of casinos.
MELBOURNE/SINGAPORE: Singapore gaming operator Genting said on Friday it had taken a $234 million stake in Echo Entertainment, raising the prospect of a battle for control over the Australian casino company with billionaire rival James Packer.
SYDNEY: Wynn Resorts Ltd. is in talks to buy Australian billionaire James Packer’s Crown Resorts Ltd. for A$9.99 billion ($7.12 billion) as the Las Vegas casino empire looks for growth in Asia amid a slowdown in the gambling enclave of Macau.
COLOMBO (Reuters) - Sri Lanka's main opposition party on Monday demanded that police arrest Australian gambling tycoon James Packer, who is due attend a Commonwealth forum this week, saying his plan to build a $400 million (250 million pounds) casino in Colombo has no proper license.
Mariah Carey's new reality show sees the larger-than-life singer trying on wedding dresses and wrestling with a decision to postpone her marriage.