Skip to content

Genting to declare its offer for Stanley Leisure \’unconditional\’

profile image of bmr

The Malaysian group has acquired an additional 5m shares in the UK casino firm. Added to the 7m shares acquired earlier this week and the option over the 5.3 per cent stake of Stanley Chairman Lord Steinberg, Genting now controls over 50 per cent of Stanley Leisure and will be able to declare its offer of 860p per share unconditional.