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MIXI’s $1.20 Cash Bid Wins Unanimous Backing in PointsBet Takeover Battle
9:41am on Thursday 26th of June, 2025 AEST
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Financial Services
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MIXI’s $1.20 Cash Bid Wins Unanimous Backing in PointsBet Takeover Battle
9:41am on Thursday 26th of June, 2025 AEST
Key Points
MIXI offers $1.20 per share, a 44.6% premium over PointsBet’s February closing price
PointsBet board unanimously recommends MIXI’s all-cash takeover offer
Offer subject to minimum 50.1% acceptance and regulatory approvals including FIRB
MIXI’s bid contrasts with Betr’s all-scrip proposal, deemed riskier by PointsBet
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