Crown Resorts has named outgoing Lendlease boss Steve McCann as its new chief executive in the midst of aThe Star and the James Packer-backed Crown
“With a portfolio of world-class properties... the combined group would be a compelling investment proposition and one of the largest and most attractive integrated resort operators in the Asia Pacific region.”
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Star Entertainment lobs bid to merge with Crown ResortsBeleaguered casino operator Crown Resorts has received a bold tie-up proposal from a major rival while a US suitor has upped its takeover offer.
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The Star unveils Crown merger plans to create $12b gambling giantThe Star Entertainment Group has plans to merge with James Packer&x27;s Crown Resorts to create a massive $12 billion gambling giant. Because that will be good for society
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Star launches Crown casino merger bid, in attempt to create $12 billion gambling giantCasino operator The Star Entertainment Group submits a merger proposal to main rival Crown Resorts.
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NSW watchdog casts doubt on Blackstone’s timeline for Crown bid clearanceThe head of NSW’s gambling regulator has thrown cold water on claims that US private equity giant Blackstone will have probity clearance to take over James Packer’s Crown Resorts by October, saying the process will be exhaustive and take as long as necessary.
Source: smh - 🏆 6. / 80 Read more »
The Star proposes $12b casino merger with James Packer’s Crown ResortsExclusive: The merger proposal, set to be made public in an ASX announcement on Monday morning, pits The Star against US investment giant Blackstone in the unfolding battle for the beleagured casino group | pwhatch pwhatch Hope not pwhatch If the acccgovau approves this then we'll have to establish another regulator to compete against them!
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