And work out our own strategy to make sure that from a regulatory viewpoint, we were comfortable with the model,” he said.
We want to know a lot more about the merged entity. “It’s not going to be a tick-and-flick exercise. Mr Crawford said the regulator would closely scrutinise The Star’s proposal. Crown is currently the subject of a bidding war, with The Star proposing a $12 billion merger on Monday and US private equity giant Blackstone also pursuing an $8 billion takeover.
