Allwyn restructures holdings to take 67.1% voting stake in Reef Casino Trust
Allwyn AG restructured its ownership chain to hold a direct 67.1% voting stake in Australia’s Reef Casino Trust, according to the report. The change followed the merger of Allwyn International AG into Allwyn AG and was described as separate from Iris Cairns’ takeover bid; that bid remained subject to an 80% acceptance threshold and regulatory approvals.
The ownership change affects voting control at Reef Casino Trust while Iris Cairns’ bid remains conditional.