Tag Archives: James Packer

James Packer’s 37 per cent stake in Crown Resorts still speaks for most of the $4.4 billion net assets of his main investment vehicle, Consolidated Press Holdings.

Crown Resorts has received takeover offer for $12.50 cash per share from US giant Blackstone, its second biggest shareholder.

Australian tech billionaire Mike Cannon-Brookes has become a co-owner of the South Sydney Rabbitohs. The Atlassian co-founder has entered the ownership ranks after previous co-owners Russell Crowe and James Packer reduced their stakes to 25 per cent each,

Nobody wants to do the daily grind forever — even those strange folk who tell you they love waking up at the crack of dawn and going to work every day.

Billionaire James Packer says he won't object to a dramatic reduction in his company's stake in Crown Resorts in line with a Victorian royal commission recommendation. Mr Packer has also conceded there were "many oversights" during his time overseeing Crown's Perth casino operations and he should have considered resigning from …

Australian billionaire James Packer has told a royal commission that he did not attend board meetings of Burswood Limited — the company overseeing Crown Perth — between 2013 and 2016, despite being its chair. James Packer acknowledged he should have …

Billionaire James Packer has admitted there were “many oversights” during his time overseeing Crown’s Perth casino operations. Packer made the admission on Friday while appearing via videolink before WA’s Perth Casino Royal Commission examining …

Billionaire James Packer has admitted “many oversights” were made by the Crown Perth board which he chaired for several years, as he faces a Royal Commission into the casino’s operations. The major shareholder for the Crown parent company beamed in …

Billionaire James Packer will front a royal commission examining Crown's Perth casino licence, days after the gaming group was castigated by a Victorian inquiry. Mr Packer, a former Crown Resorts director and the company's major shareholder,

The release of Ray Finkelstein’s royal commission report on Tuesday gave Crown Resorts’ shares a lift, boosting the value of James Packer’s 37 per cent stake to just under $2.5 billion.