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PointsBet Holdings ( (AU:PBH) ) has issued an announcement.
PointsBet Holdings has entered into a Bid Implementation Deed with MIXI, Inc., allowing MIXI to acquire PointsBet through a scheme of arrangement or an off-market takeover bid if the scheme is not approved. The PointsBet Board recommends shareholders vote in favor of the scheme, and if it fails, to accept the takeover offer, ensuring strategic alignment and potential growth opportunities.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 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 Holdings Limited operates in the sports betting and gaming industry, providing online wagering services primarily focused on sports and racing markets.
YTD Price Performance: 19.00%
Average Trading Volume: 1,036,465
Technical Sentiment Signal: Buy
Current Market Cap: A$394.8M
Find detailed analytics on PBH stock on TipRanks’ Stock Analysis page.