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Mixi ( (JP:2121) ) just unveiled an announcement.
MIXI, Inc. has announced an update regarding its acquisition of PointsBet Holdings Limited, an Australian company engaged in the betting business. MIXI has decided to increase the purchase price of PointsBet’s ordinary shares to ensure the acquisition’s success, with the transaction expected to be completed through a Scheme of Arrangement under Australia’s Corporations Act. The acquisition is contingent upon various approvals, and MIXI is prepared to consider alternative acquisition methods if necessary.
More about Mixi
Average Trading Volume: 220,706
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen217.6B
For a thorough assessment of 2121 stock, go to TipRanks’ Stock Analysis page.