Crown Resorts Rejects Blackstone Takeover Offer

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Crown Resorts Rejects Blackstone Takeover Offer

SYDNEY–Australian casino operator Crown Resorts Ltd. rejected a takeover offer from U.S. private-equity firm Blackstone Group Inc., saying the proposal undervalued the company and presented too much regulatory uncertainty. Separately, Crown said it …
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Microsoft Board Had Gates Probed for Relationship, DJ Says

The Gates fortune is valued at about $145 billion, according to the Bloomberg Billionaires Index. Read More: Gates Divorce Roils World's Biggest Family
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AVZ Minerals lodges Manono Mining Licence application with DRC Government

This “marks the culmination of our highly strategic and well-executed exploration program and is another signal that the company is rapidly advancing towards the construction phase of our mining project and, ultimately, moving into production,” says MD.
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Grim Headlines Belie a New Mideast Pragmatism

Israeli air strikes in the Gaza Strip yesterday. Photographer: Mahmud Hams/Getty Images. Click here to follow Bloomberg Politics on Facebook and tell
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Mark Mobius Says Inflation Threat Won't Go Away Anytime Soon

… growth is likely to support a rally in raw materials, even as the Bloomberg Commodity Index already hovers near its highest since July 2015, he said.
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