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Reef Casino Trust Engages in Confidential Talks Over $200m+ Acquisition Proposals
9:49am on Wednesday 30th of April, 2025 AEST
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Real Estate Investment Trusts
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Reef Casino Trust Engages in Confidential Talks Over $200m+ Acquisition Proposals
9:49am on Wednesday 30th of April, 2025 AEST
Key Points
Reef Corporate Services Limited negotiating with Iris Hotel Group and Morris Group
Both proposals exceed A$200 million in total valuation
Value allocated to Reef Casino Trust units is below A$200 million
Discussions remain confidential, non-binding, and incomplete
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Reef Casino Trust (ASX:RCT)
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