CWN crown resorts limited

April 29 (Reuters) - Australia's Crown Resorts Ltd (CWN) said...

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    April 29 (Reuters) - Australia's Crown Resorts Ltd (CWN) said on Wednesday that U.S. private equity firm Blackstone Group Inc BX.N had bought some of its shares from Macau casino operator Melco Resorts & Entertainment Ltd MLCO.O .

    Crown said an entity controlled by Blackstone had bought about 67.7 million of its shares from Melco, which in February had shelved a bid to raise its holding in the Australian firm due to a plunge in traveller numbers.

    The stake that changed hands represented about 9.99% of the issued capital of Crown, it said.

 
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