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Suzerain Launches $0.022 Cash Takeover Bid for Entertainment Rewards with Board Backing
7:01am on Wednesday 29th of October, 2025 AEDT
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Financial Services
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Suzerain Launches $0.022 Cash Takeover Bid for Entertainment Rewards with Board Backing
7:01am on Wednesday 29th of October, 2025 AEDT
Key Points
Off-market takeover bid at $0.022 per EAT share
Offer represents up to 1,000% premium over recent trading prices
Suzerain currently holds 65.85% of EAT shares
Independent Board Committee unanimously recommends acceptance
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