Star Entertainment Group Ltd. $SGR.AX is facing significant financial challenges and is exploring options to address its liquidity issues. Alternative asset management firm Oaktree Capital Management $OAK-PB has proposed refinancing the Australian casino operator's debt amounting to $650 million. This offer could provide the necessary financial support, but its execution hinges on meeting several conditions.
The automotive giant $VOW.DE facing significant financial challenges. According to the company’s internal forecasts, it is expected to incur a loss of €1.5 billion in 2025. The primary reasons driving this outcome include potential penalties for exceeding European Union (EU) emissions standards and reduced profitability due to an increased share of electric vehicles (EVs) in its sales mix.