Entertainment Rewards Says Suzerain Investment Takeover Offer Now Unconditional

MT Newswires Live

2025/12/24

Entertainment Rewards (ASX:EAT) said Suzerain Investment Holdings has declared its off-market takeover bid for all remaining fully paid ordinary shares in the company unconditional, with all offer conditions now satisfied, according to a Wednesday filing with the Australian bourse.

Suzerain now holds 96.95% of the company's voting power, totaling 1.27 billion shares, including those acquired through its takeover offer, per the filing.

The offer is set to close on Dec. 31, unless an extension is granted in accordance with the Corporations Act, the filing added.

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