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The Star Seeks $400M Lifeline Amid Legal and Financial Uncertainty
9:36am on Wednesday 25th of June, 2025 AEST
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Gaming & Hospitality
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The Star Seeks $400M Lifeline Amid Legal and Financial Uncertainty
9:36am on Wednesday 25th of June, 2025 AEST
Key Points
Strategic investments totaling $400 million via convertible notes and subordinated debt
Investments from Bally's and largest shareholder Investment Holdings
Shareholder approval required due to potential shareholding exceeding 50%
Independent Expert finds investments reasonable despite regulatory 'not fair' classification
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The Star Entertainment (ASX:SGR)
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