Crown Resorts’ share price has soared by 21 per cent after a US-based private equity firm launched a takeover bid valued at $8 billion. Blackstone, a US private equity company, put in the offer valued at around 20 per cent higher than what Crown’s shares were previously trading at. The offer came with a range of conditions which includes the Crown board unanimously accepting the $8 billion sum.
from Breaking National News and Australian News | Daily Telegraph https://ift.tt/394d6qq
Tuesday, March 23, 2021
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