Big news for Star Entertainment, an Australian casino company! They're facing some money troubles, and a US company called Oaktree wants to help. Oaktree offered to give them $413 million to pay off some of their debts. This is a big deal because Star was really struggling.
- Star Entertainment needed money badly.
- Oaktree offered to help by giving them $413 million.
- Star's share price went up after the offer.
- Oaktree might become a big owner of Star if the deal happens.
| Fact | Number |
|---|---|
| Oaktree's offer in US dollars | $413.40 million |
| Star's share price increase | 8.3% |
| Star's share price drop in 2024 | More than 63% |
