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The latest announcement is out from PointsBet Holdings ( (AU:PBH) ).
MIXI Australia Pty Ltd, a subsidiary of MIXI, Inc, has announced an extension of its off-market takeover bid for PointsBet Holdings Limited, with the offer period now closing on August 29, 2025. MIXI Australia also intends to increase the offer price to A$1.30 per share, contingent upon acquiring at least 90% of PointsBet shares. This move signifies MIXI Australia’s strategic intent to consolidate its position in the sports betting market, potentially impacting PointsBet’s shareholders and market dynamics.
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
PointsBet Holdings Limited operates within the sports betting and gaming industry, providing wagering services primarily focused on sports and racing events. The company is known for its innovative betting products and has a significant presence in the Australian and international markets.
Average Trading Volume: 862,060
Technical Sentiment Signal: Buy
Current Market Cap: A$424.4M
For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.