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Australia’s Crown Resorts backs $6.3 billion Blackstone bid - CNN
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Crown says likely to back improved $6.5 billion Blackstone buyout …
WebMay 10, 2024 · In April, private equity firm Oaktree Capital Management offered to help Crown Resorts to buy back as much as AU$3bn (US$2.36bn) worth of its shares from majority owner James Packer. The billionaire owns 37% of Crown Resorts, but he is facing regulatory pressure to distance himself from the company’s operations. WebApr 9, 2024 · Crown Resorts had confirmed Wynn proposed to buy the company for $10 billion Wynn Resorts is worth about $21.9 billion on Wall Street while Crown's market value on the Australian share market is $9.6 billion Before Wynn ended talks, Crown said there was no certainty of the sale going ahead WebFeb 14, 2024 · Crown Resorts backed a $6.3 billion buyout from private equity giant Blackstone on Monday, giving billionaire James Packer an exit route from the Australian casino firm beset by scandals and ... facebook business manager kurs