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Business
August 11, 2025
Betr Asks Takeovers Panel to Restrain MIXI’s Latest PointsBet Acquisition Proposal
Betr has once again struck back against MIXI in an attempt to block its takeover of PointsBet. The two companies continue to clash over the Australian and Canadian sportsbook, with each adopting a different tactic in the negotiations. Betr Is Looking to Outbid MIXI Betr Entertainment and MIXI Australia have been courting PointsBet for several […]
Business
August 5, 2025
Betr’s PointsBet Takeover Secures Shareholder Backing, Regulatory Approvals
Betr Entertainment is not ready to give up on its ambition to acquire PointsBet, despite the latter company’s apparent preference for MIXI’s takeover proposal. The two suitors have been locking horns over the Australian company for several months, with both raising the stakes several times. Canada Greenlights Betr’s Takeover Betr Entertainment’s latest proposal confirmed that […]
Business
July 30, 2025
Takeovers Panel Restrains Betr’s Latest Bid for PointsBet
As MIXI and Betr continue to court PointsBet, the Australian Takeovers Panel has intervened to halt Betr’s latest proposal. Despite the latter company’s recent decision to increase its bid, the panel argued that there were certain disclosure issues. Betr Has Been Hellbent on Acquiring PointsBet Betr has sought to acquire PointsBet, which operates sports betting […]
Business
July 24, 2025
PointsBet Directors Reject Betr Deal, Reiterate Support for MIXI Proposal
PointsBet’s leadership has once again rejected Betr’s attempt to acquire the company. The former sportsbook asserted that the MIXI takeover offer represents a better deal and advised its shareholders to approve it. Betr’s Deal Did Not Appeal to PointsBet’s Board In its latest announcement, PointsBet said that Betr’s latest all-scrip takeover offer, which proposes 3.81 […]
Business
July 16, 2025
Betr Rejoins the Fight for PointsBet with a New Proposal
Betr has once again submitted a proposal for the acquisition of PointsBet despite the latter company’s apparent contentment with the MIXI proposal. This time, Betr has put AUD 1.89 per PointsBet share on the table. Betr Resumes the Negotiations Betr has resumed the negotiations with a new all-share takeover proposal, offering AUD 1.89 per […]
Business
June 26, 2025
MIXI Proposal Fails as PointsBet Admits Technical Mistake Distorted Vote
PointsBet has come forward to confirm that a technical mistake had skewed the results of its recent shareholder vote for the company’s acquisition by Japanese tech firm MIXI. After re-evaluating the results, it turns out that the deal will not pass after all, to the relief of Betr Entertainment. System Error Excluded Betr’s Vote Betr […]
Business
June 25, 2025
PointsBet Shareholders Approve MIXI Deal, Betr Demands Recount
PointsBet seems to be ready to move forward with MIXI Australia’s acquisition proposal, despite Betr Entertainment’s decision to vote against the deal. The latter company, which owns a 19.9% stake in the Australian sportsbook, later alleged that PointsBet excluded its vote and demanded a recount. MIXI and Betr Sought to Acquire PointsBet PointsBet had been […]
Business
June 23, 2025
PointsBet Reiterates Support for MIXI Deal Despite Betr’s Latest Proposal
PointsBet has reaffirmed its preference for MIXI Australia’s merger offer amid continued efforts from Betr Entertainment to acquire the operator. While Betr insisted that its proposal offered superior value and suggested that PointsBet had not considered its offer in good faith, the Australian sportsbook firmly rejected the allegations. Betr’s Duel with MIXI Continues For context, […]
Industry
June 20, 2025
Betr Resumes Fight for PointsBet with All-Scrip Offer
As the fight for PointsBet heats up, Betr Entertainment unveiled a new all-scrip offer, reasserting its claim that potential synergies would result in a higher shareholder value than the MIXI proposal. Betr Says Its Offer Is a Superior Proposal Shortly after suggesting that PointsBet didn’t act in good faith in choosing MIXI’s acquisition proposal, Betr […]
Business
June 19, 2025
Betr Alleges PointsBet Didn’t Act in Good Faith in Favoring MIXI’s Proposal
Betr Entertainment Limited has responded to PointsBet’s decision to pick MIXI as its preferred suitor, saying that it will vote against the MIXI proposal. In the meantime, Betr reiterated its claim that its own proposal is superior. Betr Suggests Pointsbet Did Not Act in Good Faith In an official ASX release, Betr regretted that PointsBet […]
