The casino operator has reportedly received a new offer,with a report in The Australian newspaper saying Star’s management has received a rescue proposal from US-based Bally’s corporation.
The casino operator’s shares may never trade again after the share market operator suspended trading of the Star,which could not file its financial accounts.
Treasurer Jim Chalmers has approved Qatar Airways taking a 25 per cent stake in Virgin Australia but has installed a couple of safeguards as well.
Shares in Nine and Domain surged on Friday after US property titan CoStar lobbed a takeover offer.
Australia’s three major airlines - Qantas,Jetstar and Virgin Australia – are at the bottom of the pack in the latest international ranking data.
The head of the Visy empire,who is moving permanently to the US,has hailed Donald Trump’s return to the White House and reaffirmed his commitment to working with the incoming administration.
Origin’s biggest shareholder has rejected Brookfield/EIG’s ‘best and final’ bid for Australia’s biggest energy retailer despite a sweetened offer of $9.53 a share.
West Australian lithium minnow Liontown Resources is potentially on the cusp of sealing a $6.6 billion takeover by one of the world’s largest lithium producers.
Boss of the logistics software maker,Richard White,says the technology sector is still losing out to banks and law firms when it comes to picking up talent.
Regional Australia is shaping up as the next battleground for Australian telcos and Telstra’s new boss Vicki Brady says she is ready for the challenge.