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Why Iris’s $3.87 Cash Bid for Reef Casino Trust Has Unanimous Board Support
4:32am on Saturday 30th of August, 2025 AEST
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Why Iris’s $3.87 Cash Bid for Reef Casino Trust Has Unanimous Board Support
4:32am on Saturday 30th of August, 2025 AEST
Key Points
All-cash $3.87 per unit offer for Reef Casino Trust
Unanimous recommendation by Reef Casino Trust board and independent committee
Major unitholders holding over 70% intend to accept the offer
Offer subject to Queensland gaming and liquor regulatory approvals
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