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Why PointsBet’s $1.20 Takeover Bid with MIXI Hinges on Shareholder Vote

9:22am on Monday 16th of June, 2025 AEST Financial Services
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Why PointsBet’s $1.20 Takeover Bid with MIXI Hinges on Shareholder Vote

9:22am on Monday 16th of June, 2025 AEST
Key Points
  • Bid Implementation Deed signed between PointsBet and MIXI for $1.20 per share
  • Takeover bid triggered if scheme of arrangement fails shareholder approval
  • Minimum 50.1% acceptance condition and regulatory approvals required
  • PointsBet Board unanimously recommends scheme, but backs takeover bid if scheme rejected
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