News: CWN Australia's Crown Resorts gets $6.2 bln offer from Blackstone

Nov 19 (Reuters) - Australia's Crown Resorts Ltd (CWN) received a non-binding takeover proposal from funds managed by Blackstone Inc BX.N that valued it at A$8.46 billion ($6.16 billion), the embattled casino firm said on Friday.

Funds managed and advised by the U.S. private-equity firm and its affiliates have offered Crown shareholders A$12.50 in cash per share, a 26.2% premium to the stock's last close.

($1 = 1.3738 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar;))