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PointsBet Explores Betr's Acquisition Bid, Launches Due Diligence

2:45am on Monday 2nd of June, 2025 AEST Gambling
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PointsBet Explores Betr's Acquisition Bid, Launches Due Diligence

2:45am on Monday 2nd of June, 2025 AEST
Key Points
  • PointsBet considers Betr Entertainment's acquisition proposal
  • Mutual due diligence proposed focusing on synergies and scrip valuation
  • Proposal involves 57% cash and 43% scrip funding mix
  • Board currently recommends MIXI scheme pending superior offer
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