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(Adds Blackstone declined to comment)
By Byron Kaye and Harish Sridharan
June 9 (Reuters) - Australian gambling regulators have cleared private equity giant Blackstone Inc to run the troubled casinos of Crown Resorts Ltd in the country's two largest cities, a crucial but largely expected step in its $6.3 billion buyout.
The Sydney-listed target that is 37% owned by billionaire James Packer has been under pressure for years since damaging inquiries found it enabled money laundering, while COVI...
>>> Read more: UPDATE 3-Blackstone closes in on $6.3 bln Crown bid after Australia approvals
By Byron Kaye and Harish Sridharan
June 9 (Reuters) - Australian gambling regulators have cleared private equity giant Blackstone Inc to run the troubled casinos of Crown Resorts Ltd in the country's two largest cities, a crucial but largely expected step in its $6.3 billion buyout.
The Sydney-listed target that is 37% owned by billionaire James Packer has been under pressure for years since damaging inquiries found it enabled money laundering, while COVI...
>>> Read more: UPDATE 3-Blackstone closes in on $6.3 bln Crown bid after Australia approvals
