Crown Ltd chairman James Packer has bought a five per cent stake in American online real estate marketplace Zillow, The Australian Financial Review reports.
According to the newspaper, this lifts his stake in the Nasdaq-listed company to 9.3 per cent.
Mr Packer last month sold his stakes in jobs website Seek Ltd and fund manager Magellan Financial Group Ltd.
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Crown chairman takes a five per cent stake in online real estate business.
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