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Crown Resorts said on Tuesday Blackstone Group set further conditions for its proposed buyout of the casino operator, including that the Australian company not lose further state licences.
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Last month, U.S. private equity firm Blackstone offered to buy shares in Crown that it does not already own for A$11.85 each, in a deal that valued the Australian company at A$8.02 billion ($6.11 billion).
The new conditions set out safeguard against the cancellation, suspension or surrendering of casino licences in Western Australia and Victoria, Crown said.