Betr Ups bid to Acquire PointsBet

New offer aims to outshine MIXI and win shareholder support

Betr leverages value synergies to secure acquisition

Australia.- July 24, 2025 www.zonadeazar.com  Australian operator Betr has presented an enhanced bid to acquire 100% of PointsBet’s shares, claiming it surpasses MIXI Australia’s previous offer. Betr is offering 3.81 of its shares for each PointsBet share, valuing each at AU$ 1.22, with potential synergies that could increase the effective value to US$ 1.89 per share.

Betr expects to generate US$ 44.9 million in annual cost synergies through operational integration, adding an estimated US$ 0.67 per PointsBet share. The offer is set to go live on July 31 and will remain open until September 8, requiring no minimum acceptance but subject to Betr shareholder approval.

This bid follows a controversial PointsBet vote recount that blocked MIXI’s previous offer, allowing Betr to return with a new proposal. While MIXI has submitted an updated cash-only offer worth US$ 402 million, Betr aims to establish itself as a leader in Australia’s fast-consolidating digital betting market.

📌 Hashtags: #Betr #PointsBet #Acquisition #iGaming #Australia

🔗 Editó: @_fonta www.zonadeazar.com