{"id":777030158,"date":"2025-08-11T09:55:36","date_gmt":"2025-08-11T12:55:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777030158"},"modified":"2026-04-21T20:13:11","modified_gmt":"2026-04-21T23:13:11","slug":"mixi-makesbest-and-final-takeover-offer-for-pointsbet","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mixi-makesbest-and-final-takeover-offer-for-pointsbet","title":{"rendered":"MIXI makes”best and final” takeover offer for PointsBet"},"content":{"rendered":"\n

The Australian operator has increased its all-cash offer to US$ 0.81 per share.<\/p>\n\n\n\n\n\n\n\n

Australia.- MIXI Australia has submitted an improved takeover bid for betting operator PointsBet<\/a>. It’s raised its all-cash offer to AU$1.25 (US$ 0.81) per share and removed remaining conditions in a bid to close the high-profile acquisition battle.<\/p>\n\n\n\n

The revised proposal values PointsBet at AU$419m (US$273m) and represents a 44.6 to 50.6 per cent premium over pre-offer share prices in February. MIXI described the price as its \u201cbest and final\u201d offer unless it secures more than 50 per cent ownership, in which case the offer could be increased for all shareholders, including early acceptors.<\/p>\n\n\n\n

The Australian division of Tokyo-listed MIXI Inc. already controls 28.2 per cent of PointsBet and confirmed it has secured approval from the Foreign Investment Review Board. PointsBet\u2019s board has unanimously recommended the offer<\/a> which the company said provided \u201ccash certainty\u201d compared to a rival bid from Betr.<\/p>\n\n\n\n

Betr\u2019s latest counteroffer<\/a>, in late July, values PointsBet at AU$1.35 (US$0.87) per share but is entirely stock-based.\u00a0<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> PointsBet backs MIXI\u2019s US$304m offer, rejecting bid from Betr<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The Australian operator has increased its all-cash offer to US$ 0.81 per share.<\/p>\n","protected":false},"author":680,"featured_media":16668,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MIXI Australia has increased its all-cash takeover offer for PointsBet to AU$1.25 per share, valuing the operator at AU$419m, and removed all remaining conditions. PointsBet's board has unanimously recommended this \"best and final\" offer, citing cash certainty over a rival stock-based bid from Betr. This move signifies a critical phase in the high-profile M&A battle, impacting shareholder value and market consolidation.","focusai_entities":"MIXI Australia, PointsBet, MIXI Inc., Betr, Foreign Investment Review Board","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Shareholder Value Analysis","query":"How does the \"cash certainty\" of MIXI's improved offer compare to the potential long-term equity upside of Betr's stock-based bid for PointsBet shareholders, considering market volatility?"},{"label":"M&A Strategic Implications","query":"What strategic implications does this high-profile takeover battle for PointsBet have for the competitive landscape and potential consolidation within the Australian iGaming market?"}],"footnotes":""},"categories":[16336,157],"tags":[289,24810,24835,24792],"class_list":["post-777030158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-australia","tag-betr-entertainment","tag-mixi","tag-pointsbet"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777030158"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030158\/revisions"}],"predecessor-version":[{"id":777030207,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030158\/revisions\/777030207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16668"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777030158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777030158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777030158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}