Billionaire Packer Says He Didn’t Consider Stanley Ho Ban in Melco Deal
- Merger of Melco, Crown considered before stake sale agreement
- Regulator had banned Stanley Ho associates from Crown stakes
Photographer: Scott Barbour/Getty Images
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Crown Resorts Ltd.’s billionaire shareholder James Packer pushed for a tie-up last year between Australia’s biggest casino operator and Hong Kong-based Melco Resorts & Entertainment Ltd.