Blackstone closes in on Crown Resorts as WA government approves takeover of Perth casino - ABC News

6/10/2022 12:00:00 AM2 years 10 months ago
by Rebecca Turner, Tom Wildie

Blackstone is likely to become the new owner of Perth's casino as the WA government approves the US firm's acquisition of Crown Resorts, but Federal Court approval is still required before the takeover can proceed.

Blackstone has cleared a major final hurdle in its planned $8.9 billion takeover of Crown Resorts, with the WA government announcing it has given regulatory approval to the deal.  Key points: