SYDNEY— Crown Resorts Ltd. , one of Australia’s biggest casino operators, said Monday that it agreed to a $6.3 billion takeover by Blackstone Inc., following a roughly yearlong effort by the U.S. private-equity giant to acquire the company.
Blackstone will pay 13.10 Australian dollars (US$9.35) a share in cash for Crown, which runs casinos in Melbourne and Perth and is preparing to open a new casino on the waterfront in Sydney. Shareholders are expected to vote on the Blackstone deal in the second quarter of this year. Regulators will also need to approve the deal.
