Australia's Star Entertainment says no deal yet over Brisbane casino with HK shareholders

Reuters

03-07

Australia's Star Entertainment says no deal yet over Brisbane casino with HK shareholders

March 7 (Reuters) - Star Entertainment SGR.AX on Friday said it has not yet reached an agreement over selling 50% stake in its Brisbane joint venture to its Hong Kong-based shareholders.

The Australian Financial Review had reported that the embattled casino operator will offload its newly-opened Brisbane casino and entertainment complex as part of a deal with Chow Tai Fook Enterprises and Far East Consortium 0035.HK.

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Varun H K)

((Rishav.Chatterjee@thomsonreuters.com;))

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