Crown Resorts agrees to $9bn takeover by Blackstone
by from on (#5W3WN)
Crown's chair Ziggy Switkowski said the board unanimously recommended the offer which is still subject to gaming regulator approval
- Follow our Australia news live blog for the latest updates
- Get our free news app; get our morning email briefing
Casinos and gaming company Crown Resorts has sealed terms for its $8.9bn takeover by global private equity group Blackstone.
Under the deal, Blackstone will buy all of the listed shares in Crown for $13.10 each.
Continue reading...