Star confirms talks to sell stake in Brisbane casino
The company continues to look at asset sales as it struggles to avoid bankruptcy.
Star is facing a liquidity crisis, and told the market in January it only had A$79m in cash on hand.
Troubled ASX-listed casino operator Star Entertainment has confirmed it is in discussions with two Asian investors over the sale of its 50% stake in its new Brisbane property, but says the current proposals do not provide “sufficient value.”
In response to Australian media speculation today,
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