Federal Court rubberstamps Blackstone takeover of Crown, James Packer to get $3.36b payday - ABC News
6/14/2022 12:00:00 AM2 years 10 months ago
by Rhiana Whitson
by Rhiana Whitson
Billionaire businessman James Packer is set to exit Crown Resorts, with the Federal Court approving Blackstone's takeover of the troubled casino operator.
The Federal Court has approved US private equity giant Blackstone's $8.9 billion takeover of troubled casino operator Crown Resorts. Key points:
- Wednesday's Federal Court's decision was wid… [+2665 chars] full article...