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PointsBet Holdings ( (AU:PBH) ) has shared an update.
PointsBet Holdings Limited has released a second supplementary target’s statement in response to an off-market takeover bid by MIXI Australia Pty Ltd, a subsidiary of MIXI, Inc. MIXI Australia has increased its offer price per PointsBet share and extended the offer period, but faces challenges in acquiring a 90% stake due to betr’s decision not to accept the offer. As a result, MIXI Australia currently holds a 46.72% interest in PointsBet shares, impacting its ability to gain full control.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 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 and gaming industry. It provides a range of betting products and services, focusing on delivering innovative and user-friendly experiences to its customers.
Average Trading Volume: 1,087,873
Technical Sentiment Signal: Buy
Current Market Cap: A$434.5M
For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.