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The Star Sets $60M Deal to Divest Sydney Event Centre Assets

7:03pm on Monday 2nd of June, 2025 AEST Entertainment
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The Star Sets $60M Deal to Divest Sydney Event Centre Assets

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • The Star to divest Sydney Event Centre assets for $60 million
  • Exclusivity arrangement and binding term sheet executed with Foundation Theatres
  • Transaction subject to regulatory approvals and final documentation
  • $60 million exclusivity fee to be paid into escrow by 31 January 2025
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