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Motley Fool CIO Scott Phillips talks to SBS News: A takeover in the offing for Crown Resorts (ASX:CWN)

Scott Philips appears on SBS to discuss Crown takeover bid

Scott Phillips joined Ricardo Goncalves on SBS News to provide his thoughts on the mooted takeover of Crown Resorts Ltd (ASX: CWN) by Blackstone, a private equity company.

Below, he chats with Ricardo about the takeover, the price being offered, what it might mean for James Packer’s business interests, and what a private equity owner might want with the company.

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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Crown Resorts Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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