Sun International Ltd (SUIJ.J)
JOHANNESBURG, May 30 South Africa's Sun International said on Tuesday it would raise its stake in Latin America-focused Sun Dreams to almost 65 percent from about 55 percent in its bid to expand its gaming and hospitality business abroad.
JOHANNESBURG, May 30 South Africa's Sun International will boost its stake in Latin America-focused Sun Dreams, the casino and hotel operator said on Tuesday.
* Proposed acquisition by Sun international of 50 pct of EDS's equity interest in Sun Dreams
* Expects gaming revenue to remain under pressure (Adds details, CEO comments about Latin American business)
JOHANNESBURG, March 27 A minority shareholder in South Africa's Sun International has requested Sun Dreams, its Latin American business, list on the Santiago or New York stock exchange through an initial public offering, its CEO said on Monday.
JOHANNESBURG, March 27 South Africa's gaming and hotel operator Sun International reported a 35 percent fall in full-year profit due to foreign exchange losses, settlement charges and slow economic growth at home, the company said on Monday.
* Agreed to appoint Norman Basthdaw as new CFO and finance director of Sun International, with effect from March 24, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)
* South african casino operations continue to be affected by difficult trading conditions