SYDNEY/BENGALURU (Reuters) -- Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau's Melco Resorts & Entertainment Ltd, sending Crown shares soaring amid hopes of a buyout.
Business deals
Macao's Melco sells off full stake in Australia's Crown casinos
US private equity group Blackstone pays $359m for 9.99% shareholding