News Flash | Crown Resorts Says Blackstone Modifies Acquisition Proposal Conditions
News Flash | Crown Resorts Says Blackstone Modifies Acquisition Proposal Conditions
April 13 (Reuters) - Crown Resorts Ltd::MODIFICATIONS TO BLACKSTONE ACQUISITION PROPOSAL.REGULATORY APPROVAL CONDITION HAS BEEN MODIFIED.IS EXPECTATION OF BLACKSTONE IT WILL RECEIVE PROBITY APPROVAL TO ACQUIRE 100% OF CROWN FROM EACH OF STATE GAMING REGULATORS BY 3Q 2021.BLACKSTONE HAS ALSO INDICATED THAT ITS PROPOSAL IS NOT CONDITIONAL ON ARRANGING DEBT FINANCING.CONDITION MODIFIED FOR BLACKSTONE TO RECEIVE APPROVAL FROM EACH RELEVANT REGULATORY AUTHORITY TO BUY CROWN.CONDITION ALSO INCLUDES THAT NONE OF CROWN'S VIC OR WA CASINO LICENCES IS/OR THREATENED TO BE CANCELLED/SUSPENDED/SURRENDERED.
路透4月13日电-Crown Resorts Ltd：对Blackstone收购协议的修改REGULATORY审批条件已被修改。Blackstone IT的预期将在2021年第三季度之前从每个州博彩监管机构获得诚实的批准，以收购Crown 100%的股份。BLACKSTONE还表示，其提议不以安排债务FINANCING为条件，为Blackstone修改后的条件是获得每个相关监管机构的批准以收购CROWN。条件还包括，Crown的VIC或WA赌场牌照没有/或威胁被取消/吊销/交出。