Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Crown Resorts Receives Acquisition Proposal from Blackstone

22 Mar 2021  |  08:20:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Crown receives acquisition proposal from Blackstone

Crown Resorts announced that it received an unsolicited, non-binding and indicative proposal from a company on behalf of funds managed and advised by The Blackstone Group and its affiliates (together, Blackstone), to acquire all of the shares in the Company by way of a scheme of arrangement at an indicative price of A$11.85 cash per share (the Proposal). The indicative price will be reduced by the value of any dividends or distributions declared or paid by the Company.

Please click here for full details

See more ASX300 News Announcements