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PointsBet Holdings ( (AU:PBH) ) just unveiled an announcement.
PointsBet Holdings Limited has announced a Scheme Meeting for shareholders to vote on the proposed acquisition by MIXI Australia Pty Ltd. The Federal Court has approved the meeting and the distribution of a Scheme Booklet, which includes an Independent Expert’s Report deeming the proposal fair and reasonable. The Board recommends shareholders vote in favor of the Scheme, with the meeting set for June 12, 2025. If approved, a Second Court Hearing will follow for final approval. This acquisition could significantly impact PointsBet’s market positioning and shareholder value.
More about PointsBet Holdings
PointsBet Holdings Limited operates in the sports betting and gaming industry, offering a range of wagering products and services. The company focuses on providing innovative and engaging betting experiences for its customers, primarily in the Australian and international markets.
Average Trading Volume: 1,529,850
Technical Sentiment Signal: Buy
Current Market Cap: A$361.6M
See more insights into PBH stock on TipRanks’ Stock Analysis page.