Wynn increases Hong Kong IPO to $1.63 billion

09/20/2009 | Bloomberg · Reuters

Wynn Resorts will sell up to 1.25 billion shares in a Hong Kong initial public offering as part of an effort to raise up to $1.63 billion, according to media reports. The company previously set a goal of raising $1 billion, but it boosted the offer after it received positive feedback from investors. Wynn will become the first foreign casino operator with its shares listed in Hong Kong, observers said.

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Bloomberg · Reuters

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