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Why MIXI Australia’s $1.20 Cash Bid Has PointsBet Board’s Unanimous Backing

2:22pm on Thursday 17th of July, 2025 AEST Technology
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Why MIXI Australia’s $1.20 Cash Bid Has PointsBet Board’s Unanimous Backing

2:22pm on Thursday 17th of July, 2025 AEST
Key Points
  • All-cash $1.20 per share offer representing over 40% premium
  • PointsBet Board unanimously recommends acceptance
  • MIXI Australia holds 9.15% relevant interest via pre-bid agreements
  • Offer fully funded from MIXI’s cash reserves, no financing conditions
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