The company has increased its stake to 66.43 per cent.
Australia.- Mixi Australia, a subsidiary of Japan-based Mixi, has confirmed that it has consolidated its control on PointsBet Holdings Limited, increasing its stake from 51.59 to 66.43 per cent following the close of its takeover deal. Its AU$1.25 (US$0.81) per share cash offer was chosen over a competing all-scrip bid from Betr Entertainment.
With 230,893,535 votes now under its control, Mixi has cemented its majority position, sidelining Betr, which holds a 19.9 per cent stake. Initially, PointsBet’s board approved a AU$1.06 (US$0.70) per share offer from Mixi in February 2025. Betr had countered with a AU$360m (US$239m) proposal and a later AU$1.40 (US$0.93) per share offer, but Mixi returned in June with an offer of AU$1.20 per share, which it later increased to AU$1.25.
PointsBet continually expressed a preference for a Mixi takeover, citing more certainty for the business.
The company has increased its stake to 66.43 per cent. Australia.- Mixi Australia, a subsidiary of Japan-based Mixi, has confirmed that it has consolidated its control on PointsBet Holdings Limited,…
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