JPMorgan acquires stake in Australia's cash-strapped Star Entertainment
WEB19 hours ago — Oct 4 (Reuters) - U.S. bank JPMorgan Chase & Co (JPM.N), opens new tab has become a substantial shareholder in Star Entertainment (SGR.AX), opens new tab, an exchange filing showed, as shares of ...
Star Entertainment's rocky path to survival - ABC News
WEBStar Entertainment also released its accounts on Thursday, which showed a statutory full year loss of $1.69 billion. Its profit was dragged down by $1.7 billion worth of significant …
The Star (ASX: SGR) to cut jobs, sell assets following $1.7 billion loss
WEBStar Entertainment Group’s boss, Steve McCann, has flagged hundreds of job cuts and the sale of assets such as hotels in Sydney, Brisbane and the Gold Coast as part of a …
SGR News, Analysis, Announcements & Results | The Star Entertainment ...
WEBThe latest The Star Entertainment Group Limited [SGR] news, articles, data and analysis from The Australian Financial Review
Star funding deal done, now to prevent a white elephant
WEBSep 25, 2024 — Star Entertainment will live to fight another day. After a four-week kerfuffle, Star’s lenders coughed up another $100 million to get through a near-term liquidity crunch, and Queensland came to ...
Star’s lenders offer $150m lifeline as casino fights for survival
WEBStar Entertainment’s lenders have offered to give the wagering group an extra $150 million to help it survive a cash crunch caused by cost blowouts at its new Brisbane …
The Star (ASX:SGR) casino chases cash to fend off insolvency
WEBThe Star Entertainment Group is chasing hundreds of millions of dollars in extra funding from investors as the embattled casino operator fights the clock to stave off financial …
News – The Star Entertainment Group
WEBThe Star Entertainment Group Limited ABN 85 149 629 023 Registered Office Level 3, 159 William Street Brisbane QLD 4000
JPMorgan buys portion of Australia’s Star Entertainment - Yahoo …
WEB9 hours ago — The company's shares were trading nearly 2% down at A$0.255 as of 0055 GMT. In its delayed annual results, Star warned that it may dispose assets for ongoing reform efforts and address regulatory ...
VIDEO: Star secures a lifeline but the future of the casino giant is ...
WEBSep 26, 2024 — After four weeks of emergency talks, embattled casino operator Star Entertainment has announced it's secured a lifeline from lenders despite revealing a statutory full-year loss of $1.69 billion.