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CWNCD Crown Ltd

12.48
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Crown Ltd ASX:CWNCD Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.48 12.00 12.48 0.00 01:00:00

Blackstone's Crown Resorts Takeover Approved by Australian Court

15/06/2022 4:29am

Dow Jones News


Crown (ASX:CWNCD)
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From Jun 2021 to Jun 2024

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By Stuart Condie

 

Blackstone Inc.'s US$6.07 billion takeover of Australia's Crown Resorts Ltd. was approved by the country's Federal Court, clearing its final regulatory hurdle.

Crown said Wednesday that it expected to lodge the court's orders with Australia's securities regulator by the end of the day. Its ASX-listed shares will be suspended at Wednesday's close of trade, it added.

The U.S. private-equity giant agreed in February to pay 13.10 Australian dollars (US$9.00) per share in cash for Crown. The stock was last up 0.15% at A$13.07.

 

Write to Stuart Condie at stuart.condie@wsj.com

 

(END) Dow Jones Newswires

June 14, 2022 23:14 ET (03:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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