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MIXI Extends Takeover Bid for PointsBet and Elevates MIXI Australia to Specified Subsidiary

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MIXI Extends Takeover Bid for PointsBet and Elevates MIXI Australia to Specified Subsidiary

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

MIXI Inc. has announced an extension of its takeover bid for PointsBet Holdings Limited, an Australian Securities Exchange-listed company, through its wholly owned subsidiary, MIXI Australia Pty Ltd. The offer period has been extended until September 12, 2025, following the acceptance of over 50% of PointsBet’s issued ordinary shares. Additionally, MIXI has increased the capital of MIXI Australia, making it a specified subsidiary as its share capital now exceeds 10% of MIXI’s total capital. The company will disclose the impact of this acquisition on its business performance once it becomes clear.

The most recent analyst rating on (JP:2121) stock is a Buy with a Yen3646.00 price target. To see the full list of analyst forecasts on Mixi stock, see the JP:2121 Stock Forecast page.

More about Mixi

Average Trading Volume: 198,030

Technical Sentiment Signal: Buy

Current Market Cap: Yen212.4B

See more data about 2121 stock on TipRanks’ Stock Analysis page.

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