KKCG Entertainment AG Withdraws as Major Stakeholder in Reef Casino Trust Following Takeover Bid
Summary
KKCG Entertainment AG, formerly known as Allwyn AG, along with its associates (the Allwyn Group), ceased to be a substantial holder in Reef Casino Trust on September 4, 2026. This change occurred after Casinos Austria Group, from whom the Allwyn Group held its relevant interest, accepted an off-market takeover bid for all Reef Casino Trust securities. The bid offered $3.87 cash per security, affecting 33,046,908 Ordinary Units and 370,000 Founder Units. The cessation was formally documented in a Form 605 notice filed with the trust, citing the Corporations Act 2001.
(Source:Kalkine Media)