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Crown Resorts receives M&A modifications for Oaktree proposal
Oaktree Capital Management has written to Crown Resorts, setting out modifications to its proposal to buy the operator.
According to its statement, the revised Oaktree proposal is for an AU$3.1bn (US$2.39bn) facility consisting of two tranches: a AU$2bn private term loan (Loan Component) and a AU$1.1bn loan convertible into new shares to be issued by Crown (Convertible Component).
“The term of the proposed facility is seven years,” ...
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SOFTSWISS – a Winning Combination of Technology and Innovation for iGaming Business
SOFTSWISS is an innovative tech company providing award-winning software for iGaming business. Being the first company in the industry to start working with cryptocurrency in gambling, SOFTSWISS has a...
SOFTSWISS is an innovative tech company providing award-winning software for iGaming business. Being the first company in the industry to start working with cryptocurrency in gambling, SOFTSWISS has a...
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3 February, 2023
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