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Tag Archives: Oaktree Capital Management

Australia – Oaktree adds its name to Crown’s options with deal to buy Packer out

Investment firm Oaktree wants to buy James Packer’s stake in Crown Resorts, providing a new avenue for the Australian casino operator as it explores how it could be granted its Sydney gaming licence. Crown said it had received a ‘non-binding and indicative’ proposal from Oaktree Investments to fund a buy back of shares owned by…