Latest Betr Entertainment (Asx:Bbt) News

betr Entertainment has raised its takeover offer for PointsBet shares to $1.40 each and expanded its selective buy-back pool to $90 million, signaling strong shareholder backing ahead of a pivotal September meeting.

betr Entertainment has issued its first supplementary bidder’s statement reaffirming its takeover offer for PointsBet, rejecting MIXI’s competing bid and outlining key next steps including a selective buy-back and acceptance facility.

The Takeovers Panel has declined to intervene in the ongoing takeover tussle for PointsBet Holdings, allowing shareholders to weigh competing offers from MIXI Australia and betr Entertainment.

betr Entertainment has withdrawn its Notice of Meeting and cancelled the Selective Buy-Back Meeting following an undertaking with the Takeovers Panel related to its takeover offer for PointsBet. A new combined shareholder meeting will be called soon.

betr Entertainment has officially launched its all-scrip takeover offer for PointsBet shareholders, valuing shares above a rival cash bid and promising significant cost synergies.

betr Entertainment Limited has launched a superior all-scrip takeover offer for PointsBet Holdings Limited, valuing PointsBet shares between $1.22 and $1.29 each and aiming to create Australia’s fourth largest online wagering operator. The deal promises substantial cost synergies and strategic growth opportunities.

betr Entertainment Limited has lodged a replacement bidder’s statement enhancing its all-scrip takeover offer for PointsBet Holdings Limited, promising significant cost synergies and a stronger foothold in Australia’s wagering market.

betr Entertainment has increased its offer ratio for acquiring PointsBet shares, signaling a strategic push to secure shareholder approval at the upcoming Selective Buy-Back Meeting.

betr Entertainment has increased its all-scrip takeover offer for PointsBet shares and is seeking shareholder approval for a selective buy-back, reshaping its capital structure and voting dynamics.

betr Entertainment Limited has boosted its all-scrip takeover offer for PointsBet while reporting a strong Q4 FY25 with $70 million EBITDA profit, underpinned by robust growth and strategic integrations.

betr Entertainment has increased its all-scrip takeover bid for PointsBet shares to an equivalent of $1.35 per share, outbidding MIXI's $1.20 cash offer and positioning itself as the preferred suitor.

betr Entertainment has unveiled an all-scrip takeover bid for PointsBet, offering shareholders 3.81 betr shares per PointsBet share, valuing the offer above a competing cash bid and promising significant cost synergies.