tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MIXI Australia Gains Majority Stake in PointsBet, Extends Takeover Offer

Story Highlights
MIXI Australia Gains Majority Stake in PointsBet, Extends Takeover Offer

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

PointsBet Holdings ( (AU:PBH) ) has provided an announcement.

MIXI Australia Pty Ltd has increased its voting power in PointsBet Holdings Limited to over 50%, triggering an automatic extension of its takeover offer by 14 days, now closing on September 12, 2025. This development signifies a significant shift in PointsBet’s ownership structure, potentially impacting its operations and market positioning.

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 is a corporate bookmaker listed on the Australian Securities Exchange, operating primarily in Australia and Canada. The company offers innovative sports and racing wagering products and iGaming through a scalable cloud-based wagering platform.

Average Trading Volume: 1,102,375

Technical Sentiment Signal: Buy

Current Market Cap: A$438M

Learn more about PBH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1