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MELCO INT'L DEV (00200.HK) Transfers IP to Melco Resorts & Entertainment for USD375M
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MELCO INT'L DEV (00200.HK) announced an internal restructuring, transferring 100% equity interest in a subsidiary holding a portfolio of the Group's intellectual property to its 56.32%-owned subsidiary, Melco Resorts & Entertainment, for a cash consideration of USD375 million. The intellectual property portfolio is currently used by the Melco Resorts & Entertainment group in its global gaming and non-gaming businesses and activities. (de/d) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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