Sun International sells Sun Dreams to partner, ending dispute

Sun International sells Sun Dreams to partner, ending dispute

Chile’s Nueva Inversiones Pacifico Sur Limitada has agreed to buy a 64.94% stake in casino operator Sun Dreams for $160 million from South African partner Sun International to take full ownership of the business and settle a dispute. The two partners had been locked...
Carlyle-Backed Adicon Picks Banks for Hong Kong IPO

Carlyle-Backed Adicon Picks Banks for Hong Kong IPO

Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., has picked banks for its Hong Kong initial public offering, according to people familiar with the matter. The company has selected Jefferies and Morgan Stanley to lead the share...