{"id":218,"date":"2024-06-19T15:02:50","date_gmt":"2024-06-19T12:02:50","guid":{"rendered":"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/"},"modified":"2024-06-20T17:05:58","modified_gmt":"2024-06-20T14:05:58","slug":"oak-capital-eyes-crown-resorts-stake-with-acquisition-bid","status":"publish","type":"post","link":"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/","title":{"rendered":"Oak Capital Eyes Crown Resorts Stake With Acquisition Bid"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/d92WwxSwgDU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Crown Resorts declared today that it received an acquisition proposal from Oak Capital Management.  Oak Capital, a global asset management company headquartered in the US, proposed acquiring Crown shares presently owned by Consolidated Press Holdings (CPH). CPH, overseen by billionaire James Packer, represents Crown&#8217;s biggest stakeholder, possessing a 36.8% share.<\/p>\n<p>The proposition remains tentative and non-obligatory, signifying it&#8217;s not finalized. Oak Capital suggests repurchasing a portion or all of CPH&#8217;s shares, potentially granting them a substantial ownership portion within Crown.<\/p>\n<p>Crown&#8217;s board of directors hasn&#8217;t determined whether to embrace the proposition. They intend to meticulously examine the proposal and reach a decision that benefits all Crown shareholders.  It&#8217;s crucial to highlight that any agreement would necessitate endorsement from Crown&#8217;s shareholders, excluding CPH and its associated entities.<\/p>\n<p>Therefore, despite this significant event, it&#8217;s still preliminary. There&#8217;s no certainty that an agreement will be established. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crown Resorts declared today that it received an acquisition proposal from Oak Capital Management. Oak Capital, a global asset management company headquartered in the US, proposed acquiring Crown shares presently&hellip;<\/p>\n","protected":false},"author":45,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oak Capital Eyes Crown Resorts: Will Packer Sell His Stake?<\/title>\n<meta name=\"description\" content=\"Oak Capital has set its sights on Crown Resorts, proposing a deal to acquire shares from James Packer\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oak Capital Eyes Crown Resorts Stake With Acquisition Bid\" \/>\n<meta property=\"og:description\" content=\"Oak Capital has set its sights on Crown Resorts, proposing a deal to acquire shares from James Packer\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/\" \/>\n<meta property=\"og:site_name\" content=\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T12:02:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:05:58+00:00\" \/>\n<meta name=\"author\" content=\"Nora &quot;Nova&quot; Cook\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nora &quot;Nova&quot; Cook\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/\",\"url\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/\",\"name\":\"Oak Capital Eyes Crown Resorts: Will Packer Sell His Stake?\",\"isPartOf\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\"},\"datePublished\":\"2024-06-19T12:02:50+00:00\",\"dateModified\":\"2024-06-20T14:05:58+00:00\",\"author\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#\/schema\/person\/7fd0e81bf153a89e8d588fce7214acc2\"},\"description\":\"Oak Capital has set its sights on Crown Resorts, proposing a deal to acquire shares from James Packer\",\"breadcrumb\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/19\/oak-capital-eyes-crown-resorts-stake-with-acquisition-bid\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/newnodepositcasinos.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oak Capital Eyes Crown Resorts Stake With Acquisition Bid\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\",\"url\":\"https:\/\/newnodepositcasinos.icu\/\",\"name\":\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\",\"description\":\"Immerse yourself in the thrilling world of online gambling through our regularly updated news, in-depth game reviews, and expert articles. 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