The Blackstone Group Incorporated upping its Crown Resorts Limited interest
American private equity management firm The Blackstone Group Incorporated has reportedly increased its bid to take over Australian casino operator Crown Resorts Limited by another $300 million.
According to a report from the Bloomberg news service, the New York-headquartered investor had its earlier offer of approximately $6.2 billion rebuffed last month but has now returned with an around $6.5 billion offer that would see it acquire all of the gambling giant’s issued shares at an individual price in the region of $9.56.
Acclaimed assets:
Crown Resorts Limited is reportedly responsible for the gambling-friendly Crown Melbourne and Crown Perth facilities in Australia as well as the United Kingdom’s prestigious Crown London Aspinalls …