The investment will leave Hong Kong-listed Galaxy with a substantially improved balance sheet and enough funds to provide a foundation for the future development of phases two, three and four at its Cotai Mega Resort, the company said at a press conference yesterday.
Coming from EuropeÆs largest buy-out firm with a long history of gaming-related investments, the strategic acquisition is also a notable endorsement of GalaxyÆs growth strategy in Macau where it is up against competition...
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