Current proposal worth at least A$250 million Bally's would take 50.1% via convertible notes under proposal Bally's very open to discussing larger transaction Star weighing Bally's proposal ...

SYDNEY—American betting and entertainment company Bally’s has offered to provide embattled Australian casino operator Star Entertainment SGR-15.38%decrease; red down pointing triangle with ...

SYDNEY--American betting and entertainment company Bally's has offered to provide embattled Australian casino operator Star Entertainment with additional financing, in a deal that could help Bally ...

US gaming giant Bally's has made an unsolicited approach to Star Entertainment, offering at least $250 million in funding for the firm in exchange for a controlling stake. Star has been seeking a ...

BATON ROUGE, La. (WAFB) - - The Belle of Baton Rouge Hotel has rebranded as Bally’s Baton Rouge Hotel. The announcement follows the recent merger of Bally’s Corporation with the Belle’s ...

When a business is in trouble, some people spy an opportunity. Soo Kim is the chair of the US casino giant Bally's and is offering a financial lifeline to cash-strapped Star Entertainment.

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However, on Monday Star disclosed a rival rescue proposal from the US-based gambling, betting and entertainment company Bally’s Corporation, chaired by a Soo Kim, a hedge fund manager.

Bally’s chairman Soo Kim said the deal would preserve Star’s “businesses, assets and platforms”, meaning its Brisbane, Gold Coast and Sydney operations. “Our strategy for Star is built ...

STAR Entertainment said on Monday that it had received a proposal from US-based casino operator Bally’s Corp to inject A$250 million (S$209.3 million) of funding into the Australian firm. The proposal ...

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