SkyCity says two takeover bids recently received and rejected amid reports of further acquisition interest

SkyCity rejects takeover offers, focuses on strategy and asset sales

SkyCity Entertainment Group Ltd (ASX: SKC) reveals it rejected two takeover proposals and is focused on its asset sales and operating reset strategy

SkyCity says two takeover bids recently received and rejected amid reports of further acquisition interest

New Zealand’s SkyCity Entertainment Group revealed this morning that it had earlier this year received proposals from two suitors – including a fund managed by Oaktree Capital Management – to acquire the entire company. In a filing, SkyCity said the confidential, unsolicited, conditional, non-binding indicative proposal from Oaktree, received in May, was at an indicative price of NZ$0.70 in cash per SkyCity share while the proposal from an unnam…

SkyCity says it rejected two conditional takeover proposals worth up to $493M

SkyCity rejected two conditional takeover proposals worth up to $493M after its board concluded they undervalued the casino group. The post SkyCity says it rejected two conditional takeover proposals worth up to $493M first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

SkyCity Entertainment Group Declines Oaktree Capital's NZ$0.70 and NZ$0.75 Per Share Takeover Offers