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Star deal ‘not fair’, but what else is a shareholder to do?

You could sum up independent expert Grant Samuel’s verdict as: something is better than nothing. It’s time to let the foxes into the henhouse.

Star Entertainment Group shareholders will lose control of their company.

Their board, all independent and non-executive directors plus managing director Steve McCann, will get steamrolled.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/star-deal-not-fair-but-what-else-is-a-shareholder-to-do-20250527-p5m2ga