Tuesday, October 27, 2020

Tag: IPO

Widus consider IPO amid ongoing Phillipine expansion

ICR 190 BUSINESS WIDUS
The president and CEO of Widus International Leisure is considering an IPO amid ambitious plans to expand the company’s casino resort in the Clark Freeport Zone into a $1bn project. The operator of Widus Hotel and Casino in the Philippines' Clark Freeport Zone is considering listing its shares on the Philippine Stock Exchange. Han Daesik, president and CEO of Widus International Leisure,...

IPO gleans $500m cash injection for Red Rock

Red Rock Resorts Palms Casino Las Vegas
A busy month for Red Rock Resorts has seen the operator take itself public once more, whilst simultaneously expanding its Vegas footprint through the acquisition of the Palms Casino Resort.   Local Las Vegas casino operator Red Rock Resorts raised $531m (E466.5m) by way of an initial public offering last month, sealing 27.25 million shares at a price of $19.50 (E17.13)...

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