April 13 (Reuters) - Crown Resorts Ltd (CWN) :
- MODIFICATIONS TO BLACKSTONE ACQUISITION PROPOSAL
- REGULATORY APPROVAL CONDITION HAS BEEN MODIFIED
- IS EXPECTATION OF BLACKSTONE IT WILL RECEIVE PROBITY APPROVAL TO ACQUIRE 100% OF CROWN FROM EACH OF STATE GAMING REGULATORS BY 3Q 2021
- BLACKSTONE HAS ALSO INDICATED THAT ITS PROPOSAL IS NOT CONDITIONAL ON ARRANGING DEBT FINANCING
- CONDITION MODIFIED FOR BLACKSTONE TO RECEIVE APPROVAL FROM EACH RELEVANT REGULATORY AUTHORITY TO BUY CROWN
- CONDITION ALSO INCLUDES THAT NONE OF CROWN'S VIC OR WA CASINO LICENCES IS/OR THREATENED TO BE CANCELLED/SUSPENDED/SURRENDERED
News: CWN Crown Resorts Says Blackstone Modifies Acquisition Proposal Conditions
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