fromwww.theguardian.com
2 days agoGreat Barrier Reef's Hamilton Island to be bought by US private equity firm in reported $1.2bn sale
New York-headquartered Blackstone which owns the casino-hotel chain Crown Resorts released a statement on Tuesday night announcing it had entered into an agreement to acquire the Hamilton Island resort from the Oatley family, subject to customary regulatory approvals. The Oatley family released a statement saying they welcomed the new owners of an island that has a such a special place in the hearts of many Australians that it has become Australia's Tropical Island.
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