Sports Entertainment Group Exits Perth Wildcats

MT Newswires Live

01/06

Sports Entertainment Group (ASX:SEG) completed the sale of its remaining 30.6% stake in Perth Wildcats Basketball to MT Arena Capital Investment for AU$12 million, according to a Tuesday Australian bourse filing.

The transaction started with stage 1 in August 2024, involving the sale of a 52.5% stake for around AU$21 million, followed by stage 2 in November 2025, when a further 16.9% was divested for AU$6.5 million, per the filing.

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