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Takeovers Panel Upholds PointsBet Share Issuance Amidst Bidding Battle
12:58am on Sunday 21st of December, 2025 AEDT
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Financial Services
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Takeovers Panel Upholds PointsBet Share Issuance Amidst Bidding Battle
12:58am on Sunday 21st of December, 2025 AEDT
Key Points
Takeovers Panel rejects betr Entertainment’s challenge on PointsBet share issuance
10.75 million new shares issued via performance rights vesting amid takeover bids
PointsBet board deemed change of control likely, triggering share rights vesting
Panel finds no unacceptable circumstances affecting market efficiency
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