Star goes into trading halt after receiving 'a number' of takeover bids

The Star entered a trading halt this morning after receiving "a number" of bids from companies interested in taking over the beleaguered casino operator.

Following reports from the Australian Financial Review that Hard Rock Hotels and Casinos has a takeover proposal, Star Entertainment Group confirmed it had received "unsolicited" and "preliminary" interest from other companies.

It said Hard Rock Hotels and Casinos hadn't submitted a proposal directly, but that a local partner was part of a consortium that was one of the other interested parties.

To know more: https://www.9news.com.au/finance/star-entertainment-group-takeover-offers-trading-halt/e55f01da-4c0a-4e5c-a22f-1a299a1a16f3