April 13 (Reuters) - Crown Resorts Ltd::MODIFICATIONS TO BLACKSTONE ACQUISITION PROPOSAL.REGULATORY APPROVAL CONDITION HAS BEEN MODIFIED.IS EXPECTATION OF BLACKSTONE IT WILL RECEIVE PROBITY APPROVAL TO ACQUIRE 100% OF CROWN FROM EACH OF STATE GAMING REGULATORS BY 3Q 2021.BLACKSTONE HAS ALSO INDICATED THAT ITS PROPOSAL IS NOT CONDITIONAL ON ARRANGING DEBT FINANCING.CONDITION MODIFIED FOR BLACKSTONE TO RECEIVE APPROVAL FROM EACH RELEVANT REGULATORY AUTHORITY TO BUY CROWN.CONDITION ALSO INCLUDES THAT NONE OF CROWN'S VIC OR WA CASINO LICENCES IS/OR THREATENED TO BE CANCELLED/SUSPENDED/SURRENDERED.
News Flash | Crown Resorts Says Blackstone Modifies Acquisition Proposal Conditions
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