Could SkyCity (ASX:SKC) Draw Firmer Bids in Its Sale Process?
Highlights SkyCity said this week it is continuing to engage with the parties behind earlier takeover approaches it rejected. The casino operator has appointed advisers to help evaluate any possible transaction and other options. Property sales, cost cuts, an Adelaide sale process and a New Zealand online licence auction are all in motion. SkyCity Entertainment Group (ASX:SKC) said on Wednesday it is continuing to engage with the parties behind the takeover approaches it rejected in August, a...
