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betr Entertainment Sweetens PointsBet Offer, Boosts Buy-Back to $90M

11:49pm on Friday 29th of August, 2025 AEST Consumer Discretionary
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betr Entertainment Sweetens PointsBet Offer, Boosts Buy-Back to $90M

11:49pm on Friday 29th of August, 2025 AEST
Key Points
  • Offer consideration increased to 4.375 betr shares per PointsBet share, valuing at $1.40
  • Selective buy-back pool raised from $80 million to $90 million
  • Strong shareholder support with over 75% backing key resolutions
  • Offer now superior to MIXI’s competing $1.25 cash bid
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