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betr Entertainment Raises PointsBet Offer and Boosts Buy-Back to $90M
1:03am on Saturday 30th of August, 2025 AEST
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Financial Services
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betr Entertainment Raises PointsBet Offer and Boosts Buy-Back to $90M
1:03am on Saturday 30th of August, 2025 AEST
Key Points
Offer consideration increased to 4.375 betr shares per PointsBet share
Implied PointsBet share value of $1.40, exceeding MIXI’s $1.25 cash offer
Selective buy-back pool raised from $80 million to $90 million
Buy-back funded by $80 million cash reserves and $10 million unsecured loan
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Betr Entertainment (ASX:BBT)
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