DataRoom AM: Packer's next play

Billionaire James Packer looks to be trying his luck in Las Vegas once more, while Commonwealth Bank is on the hunt for an African acquisition.

James Packer appears intent on making a grand return to the scene of one of his most bitter losses, with plans for a Las Vegas casino reportedly being drawn up by the gaming mogul just months after losing out on a multi-billion dollar casino purchase on The Strip.

Elsewhere, the Commonwealth Bank of Australia seeks mobility in Africa, Frasers Centrepoint raises the stakes at Australand and Shell hunts a plan B should a Woodside stake sale plan come to nothing.


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