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betr Entertainment Raises PointsBet Offer Amid MIXI Rejection and $90M Buy-Back Plan
1:01pm on Friday 5th of September, 2025 AEST
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Consumer Discretionary
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betr Entertainment Raises PointsBet Offer Amid MIXI Rejection and $90M Buy-Back Plan
1:01pm on Friday 5th of September, 2025 AEST
Key Points
Offer consideration ratio increased to 4.375 betr Shares per PointsBet Share
MIXI holds over 50% voting interest and will not accept the offer
Selective buy-back pool raised from $80 million to $90 million
Independent expert finds buy-back not fair but reasonable to non-participating shareholders
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BETR ENTERTAINMENT (ASX:BBT)
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