By Scott Murdoch and Himanshi Akhand
AUSTRALIA’S Star Entertainment is selling its half-share in a Brisbane entertainment complex to its Hong Kong partners for A$53.0 million ($33.37 million), in a last-minute bailout for the cash-strapped casino group.
Star has been trying to navigate mounting pressures to avoid voluntary administration. Its ASX-listed shares have been suspended as it has not published half-yearly results.
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