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ABC News
ABC News
National
business reporter Rhiana Whitson

Federal Court rubberstamps Blackstone takeover of Crown, James Packer to get $3.36b payday

Crown casino is being taken over by the world's second-biggest private equity fund. (ABC News: Andrew O'Connor)

The Federal Court has approved US private equity giant Blackstone's $8.9 billion takeover of troubled casino operator Crown Resorts.

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