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Why PointsBet Rejected Betr’s Sweetened Scrip Offer and Backed MIXI

3:34pm on Thursday 31st of July, 2025 AEST Financial Services
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Why PointsBet Rejected Betr’s Sweetened Scrip Offer and Backed MIXI

3:34pm on Thursday 31st of July, 2025 AEST
Key Points
  • PointsBet rejects Betr’s increased scrip offer as materially inferior
  • Takeovers Panel issues interim orders restraining Betr’s bidder statement
  • PointsBet cites concerns over Betr’s business quality and synergy claims
  • PointsBet continues to recommend shareholders accept MIXI’s takeover offer
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