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Morris Group Revives $184m Takeover Bid for Reef Casino Trust
10:01am on Monday 11th of August, 2025 AEST
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Real Estate
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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
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Reef Casino Trust (ASX:RCT)
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