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CWNHB - Crown Resorts News Story

A$91.5 -0.3  -0.3%

Last Trade - 7:10am

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

BRIEF-Crown Resorts To Sell 62% Stake In CrownBet For $150 Mln

Fri 29th December, 2017 4:07am
Dec 29 (Reuters) - Crown Resorts Ltd  CWN.AX : 
    * ENTERED INTO AN AGREEMENT FOR SALE OF ITS 62% INTEREST IN 
CROWNBET, TOGETHER WITH LOANS ADVANCED BY IT TO CROWNBET, FOR 
$150 MILLION 
    * PURCHASER IS AN ENTITY ASSOCIATED WITH OTHER SHAREHOLDERS 
IN 
CROWNBET, INCLUDING CROWNBET MANAGEMENT TEAM LED BY MATTHEW 
TRIPP 
 
Source text for Eikon:  ID:nASX4HYl9m  
Further company coverage:  CWN.AX  
 
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