MGM Lifts China Stake in $325 Million Pact With Pansy HoBy
Chinese investor building 4.95% holding in MGM Resorts
Casino operator’s ownership of China division to rise to 56%
MGM Resorts International acquired more shares in its China unit in a deal valued at about $325 million with Pansy Ho, the daughter of gambling mogul Stanley Ho, who will add to her stake in the Las Vegas-based parent company.
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