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CWNHB - Crown Resorts News Story

A$91.5 -0.3  -0.3%

Last Trade - 7:10am

Consumer Cyclicals
Large Cap
Market Cap £3.44bn
Enterprise Value £3.91bn
Revenue £1.26bn
Position in Universe 84th / 1832

Australia's Crown Resorts in talks over CrownBet

Thu 23rd November, 2017 11:42pm
Nov 24 (Reuters) - Australia's Crown Resorts Ltd  CWN.AX  on 
Friday confirmed it was in talks with parties about a possible 
merger with its unit CrownBet, in a deal that could see 
consolidation in the corporate booking industry. 
    Crown Resorts ons about 62 percent of CrownBet. 
    Shares of the casino and hotel operator were down 1.6 
percent in early trade against a 0.5 percent decline in the 
benchmark index.  .AXJO   
 (Reporting by Chandini Monnappa in Bengaluru; Editing by 
Stephen Coates) 
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