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Crown royal commission: Crown names Lendlease chief Steve Mcann CEO as bidding war flares

Save Share A battle has broken out for Crown Resorts after Star Entertainment Group lobbed a highly conditional plan to create a $12 billion merged gambling giant and Blackstone upped its bid for the embattled group, which has appointed Steve McCann as chief executive officer. The Star, which owns casinos in Sydney and Queensland, has lobbed a nil premium merger proposal with a string of conditions that would create a combined group valued at $12 billion. The new offer would see Crown sharehold...
New South Wales Gold Coast Abn Amro Bankers Trust James Packer Consolidated Press Holdings Scrip Consideration
Source: afr.com

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