Latest Asx Takeover Bids News

The Takeovers Panel has replaced previous interim orders on Forrestania Resources’ takeover bid for Zenith Minerals with fresh orders that prevent Forrestania from closing the bid until the Panel’s proceedings conclude or two months pass.

MIXI Australia Pty Ltd has initiated an all-cash off-market takeover bid for PointsBet Holdings Limited at $1.20 per share, a significant premium recommended unanimously by the PointsBet Board. The offer promises certainty of cash consideration amid competing bids and regulatory conditions.