Australia's Star casino shareholders approve A$300 million rescue package

Reuters
14 hours ago
Australia's Star casino shareholders approve A$300 million rescue package

SYDNEY, June 25 (Reuters) - Shareholders in Australia's Star Entertainment SGR.AX on Wednesday approved a A$300 million ($195 million) rescue package, according to a company presentation.

The rescue bid is being led by Bally's Corp BALY.N and the Mathieson family, which is Star's largest existing shareholder.

($1 = 1.5394 Australian dollars)

(Reporting by Scott Murdoch; Editing by Tom Hogue)

((Scott.Murdoch@thomsonreuters.com;))

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