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PointsBet Halts betr Bidder’s Statement Amid Takeover Battle Turmoil
9:58am on Wednesday 30th of July, 2025 AEST
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Financial Services
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PointsBet Halts betr Bidder’s Statement Amid Takeover Battle Turmoil
9:58am on Wednesday 30th of July, 2025 AEST
Key Points
PointsBet challenges betr’s takeover offer over alleged misleading disclosures
Interim orders prevent betr from sending bidder’s statement to shareholders
Competing bids include MIXI Australia’s recommended cash offer and betr’s all-scrip reverse takeover
PointsBet alleges breaches of takeover rules and undisclosed voting power by betr’s chairman
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