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betr’s All-Scrip Bid for PointsBet Promises $44.9M in Synergies and Market Shake-Up

9:30am on Monday 18th of August, 2025 AEST Gambling & Betting
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betr’s All-Scrip Bid for PointsBet Promises $44.9M in Synergies and Market Shake-Up

9:30am on Monday 18th of August, 2025 AEST
Key Points
  • All-scrip offer of 3.814 betr Shares per PointsBet Share
  • Offer values PointsBet shares up to $1.29, surpassing MIXI’s cash bid
  • Expected $44.9 million annual cost synergies from integration
  • betr plans to divest PointsBet’s Canadian operations post-acquisition
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