Star Entertainment proposes Aus$12bn merger with Crown, while Blackstone ups bid
Australian land-based operator Star Entertainment Group has put forward a new proposal to merge with rival business Crown Resorts and created a combined operation worth approximately Aus$12.00bn (£6.71bn/€7.76bn/US$9.43bn), while private equity giant Blackstone Group has also submitted a revised offer for Crown.
By Robert Fletcher
– News
