CWN 0.00% $13.09 crown resorts limited

Ann: Crown receives acquisition proposal from Blackstone, page-2

  1. 7,026 Posts.
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    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...


    Last edited by usc75: 22/03/21
 
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