First Squawk(@FirstSquawk):SKYCITY ENTERTAINMENT, RESPONDING TO MEDIA SPECULATION THAT IT IS IN DISCUSSIONS WITH OAKTREE CAPITAL OVER A POTENTIAL TAKEOVER, SAYS IT RECEIVED A PROPOSAL IN MAY FROM A SPECIAL SITUATIONS FUND MANAGED BY OAKTREE CAPITAL MANAGEMENT TO BUY SKYCITY AT AN INDICATIVE PRICE OF NZ$0.70 CASH PER SHARE, ALONGSIDE A PROPOSAL FROM ANOTHER PARTY AT AN IMPLIED INDICATIVE PRICE OF NZ$0.75 CASH PER SHARE.

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First Squawk@FirstSquawk

2026.08.24 20:34

SKYCITY ENTERTAINMENT, RESPONDING TO MEDIA SPECULATION THAT IT IS IN DISCUSSIONS WITH OAKTREE CAPITAL OVER A POTENTIAL TAKEOVER, SAYS IT RECEIVED A PROPOSAL IN MAY FROM A SPECIAL SITUATIONS FUND MANAGED BY OAKTREE CAPITAL MANAGEMENT TO BUY SKYCITY AT AN INDICATIVE PRICE OF NZ$0.70 CASH PER SHARE, ALONGSIDE A PROPOSAL FROM ANOTHER PARTY AT AN IMPLIED INDICATIVE PRICE OF NZ$0.75 CASH PER SHARE.