Category: ASX:CWN

ASX:CWN

Crown Resorts (CWN) shares rally with improved offer

CWN +8.77%: the casino operator received an improved bid from US Private Equity group Blackstone today, a ~5% improvement on the initial offer back in November.

ASX:CWN 02/12/2021

Why is Crown Resorts (CWN) up today?

CWN +0.73%: Reports this morning that Star Entertainment (SGR) were back looking at Crown saw the stock marginally higher today.

ASX:CWN 19/11/2021

Crown Resorts (CWN) resumes takeover talks

CWN +16.57%: received another takeover bid today from its 2nd largest shareholder behind JP, namely Blackstone.

ASX:CWN 26/10/2021

Crown Resorts (CWN) shares jump on license decision

CWN +8.70%: The embattled casino & property company was thrown a life line today retaining their Victorian casino license under a regime of strict conditions.

ASX:CWN 10/05/2021

What does Star Group (SGR) merger with Crown (CWN) mean for shares?

CWN +7.26%: the resort and casino operator was thrown a life line from its nearest competitor Star Entertainment (SGR), offering a merger of equals.

ASX:CWN 08/04/2021

Packer hires bankers amidst Crown (CWN) takeover

CWN -0.84%: In the face of a takeover, James Packer has hired his own bankers to run the numbers over his share of Crown.

ASX:ALG 19/05/2020

Which stocks benefit from the expectant domestic tourism boom?

ASX:CWN 31/05/2019

Crown slumps as Packer sells down his stake

ASX:CWN 09/04/2019

Crown Resorts (CWN) receives takeover bid, do you sell into the rally?

Subscribe to Market Matters Blog

Latest Reports

Afternoon report 29/07/2025

The Match Out: Strong recovery from early weakness ahead of inflation data tomorrow

The ASX is looking interesting here for the chartists, with the market having broken out mid-month before coming back to consolidate above the ~8600 breakout level. Today was important, with a retest and ultimate rally, and while the main board only put on +6pts in aggregate, it was +60pts from the morning low – a bullish sign. The move will be tested tomorrow with the important inflation data out at 11.30am, a more benign print (sub 2.1%) should see the market break higher, and vice versa on a hotter read. A pivotal penultimate day of the month! • The ASX200 +6pts/+0.08% closing at 8704

Morning report 29/07/2025

What Matters Today: Should we buy the pullback in lithium stocks, or abandon ship?

The ASX200 started the week on a firm footing, closing up +0.4%, back within a few points of the psychological 8700 area. The catalyst for the solid day was news that the EU and the US had reached a trade agreement, and President Trump was looking to extend his tariff truce with China - the US S&P 500 futures buoyed sentiment, opening ~0.5% higher on the tariff news.