SGR 0.00% 45.0¢ the star entertainment group limited

Citi running numbers on potential Crown takeover

  1. 179 Posts.
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    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?
 
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