SectorWire
SearchRegister
MenuClose

MIXI Australia takes 51.86% voting control of PointsBet

Business

MIXI Australia held approximately 51.86% of PointsBet’s voting power as of 5 September 2025, making PointsBet its subsidiary. The acquisition followed MIXI Australia’s A$1.25-per-share cash offer, which it said would close at 7pm Melbourne time on 12 September and would not be extended. PointsBet said it intended to accept the offer.

MIXI Australia’s majority holding changes control of PointsBet while a competing bid and related shareholder decisions remain in play.

Request a correction

Flag an issue

Keep reading

Deals & M&A

Takeovers Panel receives betr application over MIXI’s PointsBet bid

Australia’s Takeovers Panel received an application from betr concerning MIXI’s takeover offer for PointsBet, the report said. Betr alleged that the timing of the competing bids could disadvantage shareholders and sought interim restrictions on MIXI processing acceptances. The Panel had not decided whether to conduct proceedings and said it would not comment on the application’s merits.

Continue reading