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betr Entertainment Boosts PointsBet Offer and Proposes Major Share Buy-Back

9:12am on Friday 8th of August, 2025 AEST Financial Services
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betr Entertainment Boosts PointsBet Offer and Proposes Major Share Buy-Back

9:12am on Friday 8th of August, 2025 AEST
Key Points
  • Offer consideration ratio raised from 3.81 to 4.219 betr shares per PointsBet share
  • Selective buy-back proposed with limits of $80 million and $200 million
  • Pro forma financials illustrate impact on combined business post-offer and buy-back
  • Voting power shifts detailed for existing and PointsBet shareholders
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