20-02-2013, 10:23 AM
Quek is very smart - first step buy out rivals to reduce competition instead of streamlining within own empire.
Anti-competitive regulation could be one reason that prevents stream lining within the Guoco Group - Rank and G Leisure.
Vested
Anti-competitive regulation could be one reason that prevents stream lining within the Guoco Group - Rank and G Leisure.
Vested
(20-02-2013, 08:44 AM)Share Investor Wrote: Will the following benefit Guocoleisure?
Competition Commission gives reduced Rank-Gala deal go ahead
LONDON | Tue Feb 19, 2013 7:40am GMT
(Reuters) - The Competition Commission has given the green light to gaming operator Rank (RNK.L)'s proposed acquisition of a rival casino business, provided some changes are made to the original deal, it said on Tuesday.