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The Star Sets $60M Deal to Divest Sydney Event Centre Assets
8:19am on Wednesday 29th of January, 2025 AEDT
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Entertainment
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The Star Sets $60M Deal to Divest Sydney Event Centre Assets
8:19am on Wednesday 29th of January, 2025 AEDT
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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