LVS completes $6.25 billion sale of Vegas properties

Las Vegas Sands Corp on Wednesday announced it has completed the $6.25 billion sale of The Venetian Resort in Las Vegas to Apollo Global Management and VICI Properties Inc.

It comes after regulators in Nevada approved the acquisition last week.

The deal was first announced in March last year, with LVS selling its iconic properties in Las Vegas in order to focus its attention on Asia. The deal will leave LVS with no assets in the United States, though the company previously said it wouldn’t rule out seeking opportunities in the country should it emerge.

Source: https://agbrief.com/news/united-states/24/02/2022/lvs-completes-6-25-billion-sale-of-vegas-properties/