On 14 December 2023, a leading casino and entertainment operator Sun International reportedly entered a deal to acquire casino and hotel group Peermont in South Africa for the purchase price consideration of around R7.3 billion (US$400 million). Unique Growth Opportunity: As reported by News24, Sun International considers the deal a unique growth opportunity. The acquisition of Peermont group will reportedly include the flagship Emperors Palace Resort being considered a “world-class and highly cash generative” business by the operator. Sun International […]

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