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Mixi ( (JP:2121) ) has issued an update.
Mixi, Inc. has announced changes to its takeover bid for PointsBet Holdings Limited, an Australian Securities Exchange-listed company, through its subsidiary MIXI Australia Pty Ltd. The purchase price per share has been increased to AUD 1.25, with a total acquisition cost of up to AUD 421 million. Additionally, the condition requiring a minimum acceptance from PointsBet shareholders has been waived, making the takeover bid unconditional. This strategic acquisition aims to enhance Mixi’s market positioning and expand its operations in the gaming and entertainment sectors.
More about Mixi
Mixi, Inc. operates in the technology and entertainment industry, focusing on digital services and platforms. The company is known for its social networking services and mobile gaming applications, with a market presence primarily in Japan and expanding globally.
Average Trading Volume: 208,723
Technical Sentiment Signal: Buy
Current Market Cap: Yen210.1B
Learn more about 2121 stock on TipRanks’ Stock Analysis page.