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Genting Singapore Shares Fall After Casino Operator Doesn t Pursue Unsolicited Approach

Genting Singapore Shares Fall After Casino Operator Doesn t Pursue Unsolicited Approach
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Genting Singapore says unsolicited approach hasn t been pursued

(July 17): Genting Singapore Ltd, one of the city-state’s two casino operators, said it was informed that controlling shareholder Genting Bhd received an unsolicited approach for its holding in the company, and which has not been pursued.

Could MGM Get Back Into the Theme Park Business?

Bloomberg News is reporting that MGM Resorts International has approached the majority owner of Genting Singapore, Ltd. about acquiring the company, which owns Resorts World Sentosa - the home of Universal Studios Singapore.

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