05/17/21 Crown Resorts turns down Blackstone offer Crown Resorts’ board has concluded that the revised bid from Blackstone is not in the best interests of shareholders.
04/19/21 Oaktree makes US$2.32bn offer for James Packer’s Crown shares Crown Resorts has received an AU$3bn (US$2.32bn) offer from Oaktree Capital Management to acquire the 37 per cent stake owned by James Packer.
04/14/21 Blackstone adds conditions to Crown Resorts bid Blackstone Group Inc has added new conditions to its bid for Crown Resorts including the condition that it does not lose state casino licences.
04/08/21 James Packer is open to selling 37 per cent stake in Crown James Packer has hired investment bankers Moelis Australia to advise on any potential deal to sell his 37 per cent stake in Crown Resorts.
03/25/21 Blackstone bid could help Crown keep Sydney casino licence Fitch Ratings said the Blackstone Group’s offer to buy Crown Resorts could allow it to keep its licence to run its new casino in Sydney’s Barangaroo district.
03/24/21 Blackstone makes AU$8bn offer to acquire Crown Resorts Blackstone, which already has a 10 per cent holding in the casino giant, has offered to buy all outstanding shares in Crown Resorts for AU$8bn (US$6.2bn).
04/29/20 Blackstone Group buys Melco’s Crown shares Hedge fund giant acquires a 10% stake in Crown Resorts in $550million deal.
