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SkyCity share price goes up amid takeover rumour

Author
Newstalk ZB,
Publish Date
Mon, 24 Aug 2026, 7:48pm
Photo / Getty Images
Photo / Getty Images

Speculation about SkyCity's future has seen the company's share price end the day up 9.9 percent to $0.67.

SkyCity management have talked about a strategic review for its Adelaide, South Australia casino business and is progressing the sale of its Grand Hotel asset, which would reduce SkyCity’s debt levels.

Harbour Asset Management expert Shane Solly explained further.

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