Brief: Star Entertainment Says Agreement To Exit Destination Brisbane Consortium
07/03/2025 08:54
March 7 (Reuters) - Star Entertainment Group Ltd SGR.AX: AGREEMENT TO EXIT DESTINATION BRISBANE CONSORTIUM AND CONSOLIDATE STAR'S POSITION AT GOLD COAST WILL DISPOSE OF ITS 50% EQUITY INTEREST IN DESTINATION BRISBANE CONSORTIUM WILL ACQUIRE JV PARTNERS' INTERESTS IN DORSETT AND ANDAZ AT STAR GOLD COAST AN UPFRONT CASH PAYMENT OF A$53 MILLION UNDER TRANSACTION Further company coverage: SGR.AX ((Reuters.Briefs@thomsonreuters.com;))
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