Las Vegas Sands purchases a further $249.5 million in Sands China shares

Las Vegas Sands has decided to increase its shareholding in Sands China by purchasing some HK$1.95 billion ($249.56 million) in shares.

The company on Tuesday announced the decision, noting that it will purchase an additional 1.19 percent of the total issued shares of the company for HK$20.20 per share.

The purchase will be effected via the company’s wholly-owned subsidiary Venetian Venture Development Intermediated II.The purchase was effected on December 5^th.