Sun International to acquire casino assets from Peruanos S.A.

Sun International

South Africa’s Sun International said it is in talks to acquire casino assets from Peru’s Peruanos S.A.

The company said in a statement that:

“Shareholders are referred to the announcement released by the Company on the Stock Exchange News Service on 11 October 2017, regarding the proposed acquisition by the Company, acting through its subsidiary Sun Dreams S.A., of certain Peruvian companies that operate four gambling operations in Peru and which includes certain immovable property on which one of the casinos is located, from Casinos Peruanos S.A.”

Shareholders are advised that all of the conditions precedent pertaining to the proposed acquisition have been fulfilled or waived, as the case may be, and accordingly the transaction has now become unconditional.”

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