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An update from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.
Betr Entertainment Limited has issued a First Supplementary Bidder’s Statement as part of its off-market takeover bid for PointsBet Holdings Limited. Betr has decided not to accept the MIXI offer for PointsBet shares and will not extend its offer period beyond October 2, 2025. The company believes its offer provides superior value to PointsBet shareholders, with potential cost synergies of up to $44.9 million. Additionally, betr plans to proceed with a Selective Buy-Back, contingent on shareholder approval.
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: 908,781
Technical Sentiment Signal: Sell
Current Market Cap: A$307.7M
Learn more about BBT stock on TipRanks’ Stock Analysis page.