AGCO and iGO clear MIXI’s proposed PointsBet takeover in Ontario
Ontario’s AGCO and iGaming Ontario approved MIXI’s proposed acquisition of PointsBet, clearing the Ontario gaming-approval condition, according to the report. MIXI’s A$402m off-market bid still requires acceptance from at least 50.1% of PointsBet shareholders and remains subject to other conditions.
The remaining shareholder acceptance threshold and conditions determine whether the proposed takeover can proceed.