middle.news

The Star Rejects Brisbane JV Sale Offers Amid Liquidity Pressure

9:17am on Monday 2nd of June, 2025 AEST Entertainment
Read Story

The Star Rejects Brisbane JV Sale Offers Amid Liquidity Pressure

9:17am on Monday 2nd of June, 2025 AEST
Key Points
  • Received non-binding proposals from CTFE and FEC for 50% interest in Destination Brisbane JV
  • Board concluded proposals do not offer sufficient value
  • Ongoing negotiations with potential buyers remain uncertain
  • Company exploring various liquidity solutions amid financial pressure
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about The Star Entertainment (ASX:SGR)
OPEN ARTICLE