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PointsBet Holdings ( (AU:PBH) ) just unveiled an announcement.
PointsBet Holdings Limited, a company in the sports betting industry, has received an all-scrip offer from betr Entertainment Limited to acquire all of its ordinary shares. Under this offer, PointsBet shareholders will receive 3.81 betr shares for each of their PointsBet shares. This acquisition proposal requires immediate attention from shareholders, who are advised to consult with financial or legal advisors to understand the implications of the offer.
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
Average Trading Volume: 993,108
Technical Sentiment Signal: Buy
Current Market Cap: A$399.2M
See more data about PBH stock on TipRanks’ Stock Analysis page.