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An update from PointsBet Holdings ( (AU:PBH) ) is now available.
PointsBet Holdings has rejected an unsolicited all-scrip takeover offer from Betr Entertainment, citing the offer’s conditional nature and lack of cash certainty as key reasons. Instead, PointsBet’s board unanimously recommends accepting a superior cash offer from MIXI Australia, which is considered more favorable due to its definite cash value and lower associated risks.
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 is a company operating in the sports betting industry, offering a range of betting products and services. The company focuses on providing innovative and engaging betting experiences to its customers, with a market presence in Australia and other regions.
Average Trading Volume: 1,008,876
Technical Sentiment Signal: Buy
Current Market Cap: A$402.5M
For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.