Scott Phillips joined Ricardo Goncalves on SBS to provide his thoughts on the mooted takeover of Crown Resorts by Blackstone, a private equity company.
The post Motley Fool CIO Scott Phillips talks to SBS News: A takeover in the offing for Crown Resorts (ASX:CWN) appeared first on The Motley Fool Australia. –
Scott Phillips joined Ricardo Goncalves on SBS News to provide his thoughts on the mooted takeover of Crown Resorts Ltd (ASX: CWN) by Blackstone, a private equity company.
Below, he chats with Ricardo about the takeover, the price being offered, what it might mean for James Packer’s business interests, and what a private equity owner might want with the company.
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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Crown Resorts Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.