middle.news

Morris Group Revives $184m Takeover Bid for Reef Casino Trust

10:01am on Monday 11th of August, 2025 AEST Real Estate
Read Story

Morris Group Revives $184m Takeover Bid for Reef Casino Trust

10:01am on Monday 11th of August, 2025 AEST
Key Points
  • Morris Group proposes $3.70 per unit cash takeover bid
  • Offer includes conditional acquisition of related entities CAIC and RCSL
  • Independent Board Committee to assess revised proposal
  • Iris Cairns Property holds matching rights under existing agreement
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Reef Casino Trust (ASX:RCT)
OPEN ARTICLE