Sun Overseas Terminates Peermont Group Acquisition Deal

Sun Overseas Terminates Peermont Group Acquisition Deal South African hotel and casino operator Sun International unveiled today that it has made a decision to scrap the R6.5-billion plan for the acquisition of rival casino business Peermont Group. Sun Overseas presently manages a true number of accommodations and gambling enterprises across Africa and Latin America. This past year, the company announced that it was likely to acquire a 100% stake in Maxshell 114, considered to be Peermont's ...
More