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Great Barrier Reef’s Hamilton Island to be bought by US private equity firm in reported $1.2bn sale

Vanshika
Great Barrier Reef’s Hamilton Island to be bought by US private equity firm in reported $1.2bn sale
N Shorts
Great Barrier Reef’s Hamilton Island to be bought by US private equity firm in reported $1.2bn sale
Blackstone says it has agreed to buy popular Whitsundays island from Australian winemaking familyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastHamilton Island, a popular tropical holiday destination on the Great Barrier Reef, has been sold to a US private equity firm, reportedly for $1.2bn.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. Continue reading…
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Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

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