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The latest announcement is out from PointsBet Holdings ( (AU:PBH) ).
betr Entertainment Limited has announced a supplementary bidder’s statement as part of its off-market takeover offer for all shares in PointsBet Holdings Limited. The company has decided not to accept MIXI Australia Pty Ltd’s offer for PointsBet shares, citing the potential for significant cost synergies and superior value to shareholders. Additionally, betr will not extend the offer period beyond 2 October 2025 and plans to proceed with a Selective Buy-Back, pending shareholder approval.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
Average Trading Volume: 857,854
Technical Sentiment Signal: Buy
Current Market Cap: A$424.4M
For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.