Deals of the day-Mergers and acquisitions

10:00am, Wednesday, 29'th Apr 2020
The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee's billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group."I've had I don't know how many
Blackstone Group Inc. (NYSE: BX), a private equity company, has purchased a 10% stake in Australia based casino operator Crown Resorts, leading to a sharp spike in Crown's shares.What Happened Blackst
Ardevora Asset Management LLP grew its position in Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 13.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned
Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau's Melco Resorts & Entertainment Ltd , sending Crown shares soaring amid h
SYDNEY/BENGALURU — Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau’s Melco Resorts & Entertainment Ltd…

Hotels, gaming are Blackstone's bread and butter

03:26am, Wednesday, 29'th Apr 2020
If there's one deal that Crown Resorts' brand new shareholder is renowned for globally, it is hotels chain Hilton Worldwide Hotels.
Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau's Melco Resorts & Entertainment Ltd, sending Crown shares soaring amid ho

Ho sells Crown stake as virus smashes Macau

01:59am, Wednesday, 29'th Apr 2020
Billionaire Lawrence Ho has given up any hope of building a foothold in Australia’s casino sector after being hit by Macau's COVID-19 shutdown.
29 Apr 2020 - Casino operator Crown Resorts (ASX:CWN) has been informed that an entity owned by funds managed or advised The Blackstone Group Inc. and its affiliates has purchased shares in Crown.
(Bloomberg) -- Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I�
Australian shares advanced on Wednesday as risk sentiment improved on phased easing of coronavirus-driven lockdowns around the world, while Crown Resorts surged 12% after Blackstone bought a stake in
Australia's Crown Resorts Ltd said on Wednesday that U.S. private equity firm Blackstone Group Inc had bought all of its shares held by Macau casino operator Melco Resorts & Entertainment Ltd , sendin
Australia’s Crown Resorts Ltd said on Wednesday that U.S. private equity firm Blackstone Group Inc had bought all of its shares held by Macau casino operator Melco Resorts & Entertainment…
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