Latest Takeover Battles News

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet and advance a superior takeover proposal valued at A$360 million. The move positions betr as PointsBet’s largest shareholder and challenges the existing MIXI scheme with enhanced funding certainty and synergy prospects.

AUCyber Limited has received a conditional takeover proposal from Interactive Pty Ltd at $0.165 per share, prompting a careful board review against a competing offer from 5GN.