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PointsBet Urges Caution Amid Rival $1.03 Betr Takeover Bid

9:42am on Thursday 17th of July, 2025 AEST Financial Services
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PointsBet Urges Caution Amid Rival $1.03 Betr Takeover Bid

9:42am on Thursday 17th of July, 2025 AEST
Key Points
  • Betr offers 3.81 shares per PointsBet share, implying $1.03 value
  • PointsBet advises shareholders to take no action pending formal response
  • PointsBet board unanimously supports MIXI’s $1.20 cash takeover offer
  • MIXI’s offer provides cash certainty and is fully funded
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