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Why Is Reef Casino Trust’s Takeover Bid Facing Regulatory Delays?
10:31am on Tuesday 25th of November, 2025 AEDT
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Real Estate Investment Trusts
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Why Is Reef Casino Trust’s Takeover Bid Facing Regulatory Delays?
10:31am on Tuesday 25th of November, 2025 AEDT
Key Points
Regulatory suitability investigations delaying takeover bid completion
Iris Cairns Property intends to extend Offer Period beyond May 2026
Board of Reef Casino Trust continues to recommend acceptance
Major unitholders committed to not withdrawing acceptances despite delays
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Reef Casino Trust (ASX:RCT)
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