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betr Launches $1.22 All-Scrip Takeover Offer for PointsBet with $44.9m Synergy Potential

7:01am on Thursday 17th of July, 2025 AEST Gambling & Betting
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betr Launches $1.22 All-Scrip Takeover Offer for PointsBet with $44.9m Synergy Potential

7:01am on Thursday 17th of July, 2025 AEST
Key Points
  • All-scrip offer valuing PointsBet shares at $1.22 each
  • Estimated $44.9 million in annual cost synergies from combination
  • Creation of Australia’s fourth largest online wagering operator
  • Offer subject to shareholder and Canadian regulatory approvals
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