Galaxy block trade

Strong demand for $140 million Galaxy Entertainment block

More than 80 investors came into the deal, which was completed before the market opened yesterday.

<div style="text-align: left;"> The Galaxy Macau hotel and resort </div>

Anette Jönsson

April 25, 2012

The market had been watching for a placement in Macau casino operator Galaxy Entertainment for months, but when a transaction finally hit the market yesterday morning it wasn’t private equity firm Permira that was selling. It was another shareholder.

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