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PointsBet Secures Enhanced Disclosure in Takeover Bid, Recommends MIXI Offer

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PointsBet Secures Enhanced Disclosure in Takeover Bid, Recommends MIXI Offer

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The latest update is out from PointsBet Holdings ( (AU:PBH) ).

PointsBet Holdings Limited has achieved improved disclosure from Betr Entertainment Limited regarding an unsolicited reverse off-market all-scrip takeover offer. Betr has made significant revisions to its bidder’s statement, clarifying the risks and uncertainties associated with the offer. PointsBet advises its shareholders to take no action on the Betr offer and instead recommends accepting the MIXI Takeover Offer, which has already been accepted by each PointsBet Director.

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, offering a range of betting products and services primarily focused on the Australian market.

Average Trading Volume: 840,773

Technical Sentiment Signal: Buy

Current Market Cap: A$427.8M

For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.

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