Is this a James Packer inspired "take-out"?
With 2 Royal Commissions in train for 2021-VIC & WA-plus NSW ILGA Enquiry results still to be implemented, it's a bold (or rather stupid-irresponsible) move on Blackstone's part!
Above all else, can NYSE: BX control Crown Resorts Debt Collection of Chinese "Whales"-UHNWI etc without breaking Xi Jinping's Anti-Gambling Criminal Laws?
PS: BX bought their 9.99% @ $815/share from Lawrence Ho's controlled Melco Resorts.
Watch this space...
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Ann: Crown receives acquisition proposal from Blackstone, page-2
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