AFR is reporting that Citi analysts are running the numbers on a potential takeover of SGR by Crown.
Quote from the article:
"Crown Resorts could boost earnings per share by up to 22 per cent by acquiring rival The Star Entertainment Group in an all-cash deal at a 30 per cent premium to its last close. "
Any thoughts on the likelihood of this occurring?
Citi running numbers on potential Crown takeover
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $2.231M | 4.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 928140 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 80187 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SGR (ASX) Chart |