Star Entertainment to divest Star Sydney Event Centre assets

Star Entertainment to divest Star Sydney Event Centre assets as it hunts for cash
Star Entertainment said on Wednesday it would divest its Star Sydney Event Centre assets to theatre owner and operator Foundation Theatres for A$60 million ($37.51 million) as the casino operator undergoes a cash and liquidity crunch.
Cash-strapped Star to shed Sydney Event Centre in scramble to stay afloat
Casino giant Star Entertainment will shed its investment in The Star Event Centre in Sydney as it attempts to raise enough cash to avoid financial collapse.
Star Entertainment sells Sydney Event Centre and related assets for $37.5M to raise cash
Australia's Star Entertainment is selling assets to raise cash as at least one money manager eyes purchases of the gaming company’s debt. In a Wednesday filing with the Australian Securities Exchange, the embattled operator announced the sale of The Star Sydney Event Centre and related assets to Foundation Theatres for $37.5 million.
Star Casino to divest key assets in Sydney for $60 million
The Star Entertainment Group has revealed plans to offload its key theatre and event centres in Sydney, marking a significant move as it looks to raise funds amid ongoing financial pressures. The sale,
Star casino to sell key theatre and event centres in Sydney
Cash-strapped casino operator The Star has announced it will sell its key theatre and event centres in its Sydney home for around $60 million.
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