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Iris Cairns Frees Takeover Bid After Clearing Regulatory Hurdles

11:49am on Friday 24th of July, 2026 AEST Real Estate Investment Trusts
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Iris Cairns Frees Takeover Bid After Clearing Regulatory Hurdles

11:49am on Friday 24th of July, 2026 AEST
Key Points
  • Regulatory conditions for takeover bid fulfilled
  • Offer freed from minimum acceptance condition
  • Iris Cairns holds 79.79% of Reef Casino Trust units
  • Major unitholders holding 71.96% have accepted
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