Latest Betr Entertainment (ASX:BBT) News

betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.

betr Entertainment has increased its offer ratio for acquiring PointsBet shares, signaling a strategic push to secure shareholder approval at the upcoming Selective Buy-Back Meeting.

betr Entertainment has increased its all-scrip takeover offer for PointsBet shares and is seeking shareholder approval for a selective buy-back, reshaping its capital structure and voting dynamics.

betr Entertainment Limited has boosted its all-scrip takeover offer for PointsBet while reporting a strong Q4 FY25 with $70 million EBITDA profit, underpinned by robust growth and strategic integrations.

betr Entertainment has increased its all-scrip takeover bid for PointsBet shares to an equivalent of $1.35 per share, outbidding MIXI's $1.20 cash offer and positioning itself as the preferred suitor.

betr Entertainment has unveiled an all-scrip takeover bid for PointsBet, offering shareholders 3.81 betr shares per PointsBet share, valuing the offer above a competing cash bid and promising significant cost synergies.

betr Entertainment Limited has launched an all-scrip takeover bid for PointsBet Holdings Limited, offering 3.81 betr shares for every PointsBet share, valuing PointsBet at $1.22 per share and promising significant cost synergies.

betr Entertainment has achieved positive EBITDA for FY25, exceeding broker forecasts by 15%, driven by successful mergers and technology integration.

betr Entertainment disputes the exclusion of its proxy vote in the PointsBet MIXI scheme meeting and signals a legal challenge ahead of a key court hearing. Meanwhile, betr prepares an unconditional takeover offer for PointsBet shareholders.

betr Entertainment has unveiled a compelling all-scrip takeover offer for PointsBet, featuring an $80 million selective buy-back to provide liquidity and promising significant value creation for shareholders.

Betr Entertainment has reaffirmed its superior $1.33 per share acquisition proposal for PointsBet, challenging the rival MIXI offer ahead of a crucial shareholder vote. With strong funding and synergy claims, Betr signals confidence that MIXI’s $1.20 bid will be rejected.

betr Entertainment has successfully closed the retail portion of its $130 million equity raise, securing funds to advance its strategic acquisition of PointsBet Holdings.