Compulsory Acquisition
1 articles tagged "Compulsory Acquisition".
Iris Cairns Property Clears Final Hurdle as Reef Casino Trust Offer Goes Unconditional
Iris Cairns Property's AU$3.87-per-unit takeover offer for Reef Casino Trust is now unconditional, with the bidder holding 80.97% and the offer closing on 14 August. The trust has warned remaining unitholders of potential compulsory acquisition or delisting risks.