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PointsBet Board Urges Shareholders to Accept MIXI’s $1.25 Cash Offer Amid Rival Bid

2:58am on Saturday 30th of August, 2025 AEST Financial Services
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PointsBet Board Urges Shareholders to Accept MIXI’s $1.25 Cash Offer Amid Rival Bid

2:58am on Saturday 30th of August, 2025 AEST
Key Points
  • MIXI Australia increases offer price to $1.30 conditional on 90% ownership
  • MIXI holds 46.72% of PointsBet shares, unlikely to reach 90% threshold
  • PointsBet Board unanimously recommends accepting MIXI’s $1.25 cash offer
  • betr’s all-scrip offer remains conditional and unlikely to gain control
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