Brief: Reef Casino Trust Says Board Of RCSl Is In Ongoing And Incomplete Negotiations On Proposals

Reef Casino Trust

30/04/2025 02:20

April 30 (Reuters) - Reef Casino Trust RCT.AX:

BOARD OF RCSL IS IN ONGOING AND INCOMPLETE NEGOTIATIONS WITH BOTH IRIS AND MORRIS GROUP IN RELATION TO PROPOSALS

CONFIRMS THAT BOTH PROPOSALS ARE IN EXCESS OF A$200M FOR ALL OF COMPONENT PARTS

THERE IS NO CERTAINTY THAT DISCUSSIONS WILL LEAD TO A TRANSACTION

PROPOSALS TO ACQUIRE 100% OF UNITS IN RCT

Further company coverage: RCT.AX

 ((Reuters.Briefs@thomsonreuters.com;))