Sydney: Australian billionaire and gaming baron James Packer and a childhood friend have been issued with criminal infringement notices following a punch-up at Bondi Beach here, media reported Friday.
Packer and David Gyngell, chief executive officer of Channel Nine, were captured by a photographer physically attacking each other outside Packer`s beachside mansion Sunday morning following escalating tensions between the two long-time friends, the Sydney Morning Herald reported Friday.
Police have launched an investigation.
Neither Packer nor Gyngell has made a formal complaint.
Gyngell, however, admitted this week that he was the instigator and had waited outside Packer`s house for the billionaire to arrive home from Sydney airport, the report said.
The fight was allegedly sparked by a text message over a Channel Nine van which was parked outside Packer`s house.
Packer wrongly believed there was a news crew in the van.
Police said Friday they had issued the two men with a criminal infringement notices for offensive behaviour.
The penalty carries a maximum of three months in jail. If uncontested, the fine is $500 and no conviction will be recorded.