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PointsBet Holdings ( (AU:PBH) ) has provided an announcement.
PointsBet Holdings Limited has issued a supplementary target’s statement in response to an off-market takeover bid by betr Entertainment Limited for all of its issued shares. The latest developments include an increase in the offer consideration to 4.375 betr shares for each PointsBet share, and the offer remains conditional on betr shareholder approval. The offer period has been extended to September 25, 2025, but will not go beyond October 2, 2025, unless required by law. These developments could significantly impact PointsBet’s market positioning and shareholder decisions.
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 operates in the sports betting and gaming industry, providing a range of wagering products and services. The company focuses on offering innovative betting solutions and has a market presence in several regions.
Average Trading Volume: 1,082,516
Technical Sentiment Signal: Buy
Current Market Cap: A$434.5M
For an in-depth examination of PBH stock, go to TipRanks’ Overview page.