Iris Capital Moves to Acquire Reef Casino Trust in $130M Takeover Bid
In a bold move to expand its footprint in the Australian casino and hospitality sector, Iris Capital, led by Sam Arnaout, has proposed a significant acquisition of the Reef Casino Trust. This initiative is part of a larger strategy by Iris Capital to consolidate its presence in key markets, evidenced by the group’s recent $130 million-plus offer for the trust. […]

In a bold move to expand its footprint in the Australian casino and hospitality sector, Iris Capital, led by Sam Arnaout, has proposed a significant acquisition of the Reef Casino Trust. This initiative is part of a larger strategy by Iris Capital to consolidate its presence in key markets, evidenced by the group’s recent $130 million-plus offer for the trust. […]