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Betr Entertainment Eases Conditions for PointsBet Takeover

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Betr Entertainment Eases Conditions for PointsBet Takeover

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BlueBet Holdings Ltd. ( (AU:BBT) ) has issued an announcement.

Betr Entertainment Limited has announced the removal of a condition from its off-market takeover offer for PointsBet Holdings Limited. The company has freed the offer from the ‘IGO Approval Condition,’ which could facilitate a smoother acquisition process, potentially increasing its stake in PointsBet beyond the current 19.6%.

The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.

More about BlueBet Holdings Ltd.

Average Trading Volume: 925,073

Technical Sentiment Signal: Sell

Current Market Cap: A$307.7M

For detailed information about BBT stock, go to TipRanks’ Stock Analysis page.

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