JPMorgan Chase sold its 5.09% stake in troubled Australian casino firm Star Entertainment.

JPMorgan Chase has sold its stake in Australian casino company Star Entertainment, which represents 5.09% of the company's voting power. Star Entertainment, the second-largest casino operator in Australia, has struggled due to regulatory issues, decreased tourism, extended closures, and financial difficulties, leading to a significant drop in its share price.

3 months ago
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