Εισάγονται νέοι όροι στην προτεινόμενη εξαγορά της Crown Resorts Limited

Αμερικανική εταιρεία διαχείρισης ιδιωτικών μετοχών Ο όμιλος Blackstone Incorporated has reportedly inserted a number of new conditions into its proposed $6.2 billion takeover offer for Australian casino operator Crown Resorts Limited.

According to a report from Inside Asian Gaming, the New York-headquartered hedge fund yesterday revealed that it is only prepared to move forward with the envisioned transaction if it receives greater security surrounding the regulatory approval process. Η πηγή explained that this stipulation relates to a previous provision that could see the buyer abandon its pursuit of Crown Resorts Limited should either of the firms be found unsuitable to hold a casino license for properties in the states of Νέα Νότια Ουαλία, Βικτώρια και Δυτική Αυστραλία.

Essential endowment:

Ο όμιλος Blackstone Incorporated reportedly now wants this confirmation to go a step further with approval from the regulatory authorities for the three Australian jurisdictions being set as a prerequisite for the completion of its proposed acquisition of Crown Resorts Limited. This would purportedly allow the multinational investments giant to have security in taking over the running of casino operations inside the renowned Crown Μελβούρνη και Crown Perth facilities and work towards bringing gaming tables to the new Σίδνεϊ Σίδνεϊ ανάπτυξης.

Cautious clause:

As if this wasn’t enough security and The Blackstone Group Incorporated, which manages assets worth in the region of $ 619 δισ., has reportedly moreover requested a provision that would terminate its takeover of Crown Resorts Limited should the operator’s casino licenses for Δυτική Αυστραλία or Βικτώρια be cancelled, suspended or threatened. This condition would purportedly be likewise extended to Νέα Νότια Ουαλία where the target its working with the Ανεξάρτητη αρχή ποτών και τυχερών παιχνιδιών της Νέας Νότιας Ουαλίας προς την reverse a late-February judgement in order to bring casino gambling to the $1.5 billion Σίδνεϊ Σίδνεϊ τόπος συναντήσεως.

Revision respect:

Finally, the buyer reportedly furthermore now wants a stipulation that would allow it to pull out of the proposed acquisition should regulators in Australia attach any new conditions or terms to the casino licenses already held by Crown Resorts Limited. Offering some comfort and The Blackstone Group Incorporated purportedly disclosed that it would only seek to exercise this option should such revised rules materially impact the value of the operator’s existing authorizations for Victoria and Western Australia.

Dominant demand:

Despite its new-found caution and The Blackstone Group Incorporated still reportedly expects to receive full probity approval by the third quarter although such a timeline is not being linked with its ability to finance the proposed takeover. Executives for Crown Resorts Limited are now purportedly said to be assessing the new conditions attached to the envisioned takeover offer and could now make a definitive decision on their desirability by the end of June.

Source: https://news.worldcasinodirectory.com/new-conditions-inserted-into-proposed-crown-resorts-limited-takeover-93494