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The New Daily
The New Daily
Business
Rod Myer

Crown could escape scrutiny with Blackstone takeover

Crown Blackstone Stephen Mayne Crown Resorts Australia Charles Livingstone United States
Crown Resorts has accepted an $8.9 billion takeover offer from Blackstone. Photo: TND

US private equity group Blackstone is on the brink of buying the troubled Crown Resorts after the casino group accepted an $8.9 billion bid from the $2 trillion giant.

But such a move could radically reduce scrutiny of the gambling group.

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