Star Entertainment Sells Sydney Event Centre to Foundation Theatres for AU$60 Million
Star Entertainment Group has announced the sale of its Sydney Event Centre and several other facilities located within The Star Sydney complex. The buyer, Foundation Theatres, has agreed to purchase the assets for AU$60 million (roughly US$37.5 million) as part of the casino operator’s ongoing efforts to address its financial instability. The transaction is set to help Star manage a severe cash […]
Star Entertainment Group has announced the sale of its Sydney Event Centre and several other facilities located within The Star Sydney complex. The buyer, Foundation Theatres, has agreed to purchase the assets for AU$60 million (roughly US$37.5 million) as part of the casino operator’s ongoing efforts to address its financial instability. The transaction is set to help Star manage a severe cash […]
