Blackstone inks terms to acquire Crown Resorts
Blackstone inks terms to acquire Crown Resorts
  Deals  |  Listed  |  International

Blackstone inks terms to acquire Crown Resorts

RE+D magazine
15.02.2022
Casinos and gaming company Crown Resorts has sealed the terms for its $8.9billion takeover by global private equity group Blackstone.

Under the deal, Blackstone will buy all of the listed shares in Crown for $13.10 each.

This compares with a closing price of $12.39 on Friday, when it was valued at $8.4billion.

According to the Guardian, Blackstone first approached Crown in March 2021, when it offered $11.85 a share.


BLACKSTONE