Pokies billionaire Bruce Mathieson has snapped up a ten% stake in Star Leisure, increasing his nationwide pokies share significantly.
One other day, one other billionaire oligarch imposing himself on a beforehand diversely managed public firm.
This time it was Gold Coast-based pokies billionaire Bruce Mathieson, who revealed to the ASX yesterday that he had shelled out a lazy $141.7 million to snap up a 9.97% stake in Star Leisure.
After a lot heavying by the press, company advisers and lenders, Star lastly introduced its $800 million emergency capital elevating final Thursday. Nevertheless, the corporate reportedly didn’t know Mathieson had put collectively a stealth 4% stake earlier than the elevating was launched. It’s unclear how he then bought to 10%.
Preserve studying concerning the Mathiesons’ pokies enlargement…
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