Stockbroker Barrenjoey traded a line of 129.7 million shares in Star Entertainment Group on market at 20¢ a share with fingers pointing at Regal as the buyer, among other hedge funds.
Star’s Sydney casino has been under intense scrutiny since 2022, when a damning report found that the company was unsuitable to hold a licence in the state. Louie Douvis
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
