Iris Capital’s AU$177 Million Offer for Reef Casino Trust: A Professional Review

Iris Capital has tabled an all-cash, AU$177 million (US $116 million) bid—equivalent to AU$3.5541 per unit—to acquire Reef Casino Trust (RCT), the landlord of Cairns’ Reef Hotel Casino. The price…

CBGabrielJuly 15, 2025