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Suzerain Launches $0.022 Cash Takeover Bid for Entertainment Rewards
7:01am on Friday 14th of November, 2025 AEDT
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Suzerain Launches $0.022 Cash Takeover Bid for Entertainment Rewards
7:01am on Friday 14th of November, 2025 AEDT
Key Points
Suzerain offers $0.022 cash per EAT share, a substantial premium
Current 65.85% shareholder seeks at least 90% for compulsory acquisition
Independent Board Committee unanimously recommends acceptance
Offer subject to FIRB approval and minimum acceptance conditions
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