Crown Resorts, 37% owned by billionaire James Packer, has been under pressure for years since inquiries found it enabled money laundering
Scandal-hit gambling company said it will recommend that shareholders accept Blackstone’s offer of A$13.10 per share, which it lobbed last month. The deal still needs government approval
Crown received a fourth non-binding offer of A$13.10 a share, having dismissed Blackstone's previous bid of A$12.50 as not 'compelling'
Shares of the office developer saw their biggest daily fall since 2007 with speculation rife that the US equity firm scrapped the deal over fears China’s regulator would reject the move
Blackstone's offer in June had valued the property group – which holds prime real estate in cities like Beijing – at HK$26 billion but worries over ‘time frames’ have scuppered the deal
The government’s move to reduce huge debt levels among real estate developers has hit their stock prices and is expected...
Once the darlings of the new generation of Chinese entrepreneurs, husband and wife founders Pan Shiyi and Zhang Xin are poised to sell control of their real estate operation to the American investment group
(ATF) Fronted in Asia by Indian film star Priyanka Chopra, the latest dating app to set...
Two directors of Crown Resorts resigned and owner James Packer's private company cut ties with the board after damaging findings from an inquiry into its suitability to run a casino in Sydney
Private equity firm Blackstone Group is in talks to merge US benefits services provider Alight Solutions with a blank-check acquisition...