http://www.smartcompany.com.au/wealth/20111220-james-packer-gets-58-million-bonus-as-tourism-group-sold.html
In part...
"Merlin Entertainments Group, the world's second-largest visitor attraction operator, has agreed to pay $140 million for LLA, or 5.14 cents per listed security. The offer is a 157% premium to LLA's closing price before the deal was announced."
and later states...
"Merlin is privately run, and its primary shareholders are the Blackstone Group and CVC Capital Partners. Its assets include the Sydney Aquarium, WILD LIFE Sydney, Sydney Tower Eye and SKYWALK at Sydney Tower Eye, WILD LIFE Hamilton Island and Oceanworld Manly. It also has assets in New Zealand and Madame Tussauds in Hong Kong, Shanghai and Bangkok.
LLA is an offshoot of the failed property business MFS, and recently posted a small profit after years of losses. In addition to the Melbourne assets, it owns Underwater World in Queensland and the Otway Fly in Victoria.
The deal is contingent on Foreign Investment Review Board acceptance."ends
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OCV
octaviar limited
http://www.smartcompany.com.au/wealth/20111220-james-packer-gets-...
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