December 29, 2017 / 4:48 AM / 22 days ago

BRIEF-Crown Resorts To Sell 62% Stake In CrownBet For $150 Mln

Dec 29 (Reuters) - Crown Resorts Ltd:

* ‍ENTERED INTO AN AGREEMENT FOR SALE OF ITS 62% INTEREST IN CROWNBET, TOGETHER WITH LOANS ADVANCED BY IT TO CROWNBET, FOR $150 MILLION​

* ‍PURCHASER IS AN ENTITY ASSOCIATED WITH OTHER SHAREHOLDERS IN CROWNBET, INCLUDING CROWNBET MANAGEMENT TEAM LED BY MATTHEW TRIPP​ Source text for Eikon: Further company coverage:

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