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Crown Resorts’ major shareholder James Packer resigns from board

21st December 2015 11:14 am GMT

Casino operator Crown Resorts confirmed Monday that James Packer has resigned as a director of the company, just four months after stepping down as chairman, and just days after the operator refuted allegations that it was in talks with private financiers to take the company private.

The Australian billionaire, who owns 53 per cent of Crown Resorts through his private investment vehicle Consolidated Press Holdings (CPH), has resigned with immediate effect.

He will remain co-chairman of the [...]

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