A Huffalump did his business here...: Genting to Buy Stanley for $901 Mln, Add U.K. Casinos

Monday, September 11, 2006

Genting to Buy Stanley for $901 Mln, Add U.K. Casinos

Genting Bhd., a gaming company owned by Malaysia's third-richest family, will buy Stanley Leisure Plc, the largest U.K. casino operator, for 483.6 million pounds ($901 million) to reduce a reliance on Asia as competition mounts.

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