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Caledonia and friends take $1 billion stake in US pokies group – The Australian Financial Review

Sydney-based fund manager Caledonia (Private) Investments is spearheading an investor group that set to take a $1 billion-odd stake in Nasdaq-listed gaming comp…

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Sydney-based fund manager Caledonia (Private) Investments is spearheading an investor group that set to take a $1 billion-odd stake in Nasdaq-listed gaming company Scientific Games.
It is understood Caledonia and its co-investors won an auction for the 35 per cent stake owned by American billionaire Ron Perelman, and the deal is likely to be announced in the United States as early as Monday.
Caledonia Investments co-chief investment officer Will Vicars has a big new investment for the firm’s c…

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