ho hum, you say. aussie bank invests in indonesian toll roads. but wait: the very same day, they announce a major move into a gambling cash cow in Europe ... which means, of course, that indoensian toll roads will be at least partly financed from the proceeds of gambling!!
will this mean that these toll roads will be "haram" to muslims? where does the MUA stand on this? or more interestingly, where does the MMI stand on this issue?Tatts, Macquarie Bank team on European market
Sydney (ANTARA News/Asia Pulse) - Australia's Tattersall's Ltd (ASX:TTS) and Macquarie Bank Ltd (ASX:MBL) have teamed up to move into the European gaming market, acquiring the British gaming machine operator Talarius Plc for A$338 million ($US260.01 million) as a first step.
The Victorian-based lotteries and poker machines operator and Australia's largest investment bank have formed a joint venture, called European Gaming Ltd, to pursue other opportunities in the European gaming sector.
Talarius, the largest adult gaming centre operator in the United Kingdom, has agreed to the offer, which values it at STG137.2 million ($A337.5 million).
Business in Asia Today - Nov 23, 2006
published by Asia Pulse