time: 12:00 - 5:00 pm sunday
Melbourne, June 24, 2022 – Blackstone (NYSE: BX) today announced that real estate funds and private equity funds managed by Blackstone ("Blackstone") have completed the acquisition of Crown Resorts Limited ("Crown") in the largest transaction to date for the firm in Asia Pacific.
As one of Australia's largest entertainment groups, Crown makes a major contribution to the Australian economy.
"Australian tourism has entered a recovery phase, and we believe this trend will continue.
With Blackstone's investment and expertise, we're confident Crown will cement its place on the global stage as one of the world's leading owners and operators of integrated resorts," he said.
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Our $915 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.
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