Pointsbet Holdings Ltd
betr Entertainment Tenders Superior All-Scrip Takeover Bid For Pointsbet
Digital wagering operator betr Entertainment (ASX: BBT) has made an all-scrip off-market takeover offer for the remaining equity in PointsBet Holdings (ASX: PBH). The company is currently PointsBet’s largest shareholder with a 19.6% interest and believes its offer represents a superior proposal to an earlier bid made by Japanese digital media and entertainment company MIXI […]
PointsBet accepts $353m MIXI takeover bid despite rival BlueBet’s higher offer
Australian bookmaker PointsBet Holdings (ASX: PBH) finds itself at the centre of a bidding war between Japanese sports and entertainment giant MIXI and local betting firm BlueBet (ASX: BBT). PointsBet agreed this morning to a $353 million takeover by MIXI via a binding scheme implementation deed, under which PointsBet shareholders would receive a cash consideration […]
PointsBet favours improved US$225m takeover bid by Fanatics Betting and Gambling
The board of Australian online bookmaker PointsBet Holdings (ASX: PBH) has unanimously favoured an improved takeover bid of US$225 million by Fanatics Betting and Gaming (FBG), representing a 50% increase on its first offer. The bid comes nine days after PointsBet made the decision to engage with sports gambling powerhouse DraftKings on a US$195 million […]
PointsBet engages with DraftKings on US$195m takeover offer
Australian online bookmaker PointsBet Holdings (ASX: PBH) has agreed to engage with sports gambling powerhouse DraftKings (NASDAQ: DKNG) after receiving an indicative takeover offer for its US businesses for a headline purchase price of US$195 million. The offer comes a month after Fanatics Betting and Gaming (FBG) agreed to buy the same businesses for US$150 […]