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Mixi Completes Takeover Bid for PointsBet Holdings

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Mixi Completes Takeover Bid for PointsBet Holdings

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Mixi ( (JP:2121) ) has issued an announcement.

Mixi, Inc. announced the expiration of its takeover bid for PointsBet Holdings Limited, resulting in the acquisition of a 66.4% stake in the Australian company. This strategic move, involving an investment of AUD 289 million, positions Mixi to expand its influence in the digital entertainment sector, with further details on the financial impact to be disclosed soon.

The most recent analyst rating on (JP:2121) stock is a Buy with a Yen3575.00 price target. To see the full list of analyst forecasts on Mixi stock, see the JP:2121 Stock Forecast page.

More about Mixi

Mixi, Inc. operates in the technology and entertainment industry, primarily focusing on social networking services and mobile gaming. The company is known for its innovative digital solutions and has a market presence that extends internationally.

YTD Price Performance: 11.12%

Average Trading Volume: 197,452

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen218.9B

For a thorough assessment of 2121 stock, go to TipRanks’ Stock Analysis page.

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