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Star Entertainment Receives Non-Binding Funding Proposal From Bally's

ReutersMar 10, 2025 12:50 AM

- Star Entertainment Group SGR.AX:

  • ASX ALERT-UNSOLICITED NON-BINDING FUNDING PROPOSAL FROM BALLY'S-SGR.AX

  • BALLY'S PROPOSES A$250 MILLION CAPITAL RAISE FOR STAR ENTERTAINMENT

  • CONVERTIBLE NOTES TO BE CONVERTIBLE INTO AT LEAST 50.1% OF STAR'S SHARES

  • BOARD OF STAR WILL REVIEW BALLY'S PROPOSAL

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