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pok materialThe settlement of the deal will see Crown become a private company, which means it will no longer report to the Australian Securities Exchange.8 million (,200).The Federal Court of Australia has approved the takeover of beleaguered casino operator Crown by The Blackstone Group, a US-based private equity giant.money casinoThe initial offers by the equity giant were rejected, as Crown stated they undervalued its portfolio and potential for growth.The Acquisition May Herald a Brighter Future for CrownThe takeover from Blackstone may breed new life in the brand, as Australian regulators have stated that they can reinstate the casino operator’s license if it meets their recommendations.As the second-largest private equity fund in the world, it owns several of Las Vegas’ most notable brands isocial poker sites