{"id":137,"date":"2024-06-15T13:49:47","date_gmt":"2024-06-15T10:49:47","guid":{"rendered":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/15\/blackstone-gets-green-light-for-crown-resorts-acquisition-in-australia\/"},"modified":"2024-06-17T13:21:11","modified_gmt":"2024-06-17T10:21:11","slug":"blackstone-gets-green-light-for-crown-resorts-acquisition-in-australia","status":"publish","type":"post","link":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/15\/blackstone-gets-green-light-for-crown-resorts-acquisition-in-australia\/","title":{"rendered":"Blackstone Gets Green Light for Crown Resorts Acquisition in Australia"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ElZ4rxSEqtA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Blackstone&#8217;s Monumental Purchase of Crown Resorts Receives Final Authorization in Australia<\/p>\n<p>Blackstone&#8217;s substantial $6.2 billion purchase of Crown Resorts has overcome its last obstacle. An Australian federal court granted approval, clearing the path for Blackstone to conclude the transaction.<\/p>\n<p>This follows endorsements from gaming authorities in Victoria and New South Wales, who imposed stipulations to guarantee Crown&#8217;s primary casino persists as a prized asset of Australian tourism.<\/p>\n<p>Crown investors will obtain $13.10 per share upon the deal&#8217;s completion on June 24th. Trading of Crown Resorts stock will be halted on the Australian Securities Exchange. <\/p>\n<p>This concludes a long journey that commenced in March 2021 with Blackstone&#8217;s initial bid for Crown Resorts.  The first proposal, along with a subsequent one in May, met with resistance.  Nevertheless, by November 2021, a third endeavor (enhanced by a price increase in January) secured the support of the Crown Resorts board.  Ultimately, in May, the agreement received overwhelming endorsement from shareholders. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blackstone&#8217;s Monumental Purchase of Crown Resorts Receives Final Authorization in Australia Blackstone&#8217;s substantial $6.2 billion purchase of Crown Resorts has overcome its last obstacle. An Australian federal court granted approval, clearing the path for Blackstone to conclude the transaction. This follows endorsements from gaming authorities in Victoria and New South Wales, who imposed stipulations to [&hellip;]<\/p>\n","protected":false},"author":80,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blackstone<\/title>\n<meta name=\"description\" content=\"The ink is dry! 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