PointsBet Holdings Limited Takeover Bid Conclusion
MIXI, a Japanese gaming and social media company, has announced the conclusion of its takeover bid for PointsBet Holdings Limited, an Australian publicly listed company, through its wholly-owned subsidiary, MIXI Australia Pty Ltd. The offer period ended on September 12, 2025, marking a significant milestone in the acquisition process.
Overview of the Takeover Bid
Target Company Details
- - Name: PointsBet Holdings Limited
- - Number of Shares to be Acquired: 347,586,582 ordinary shares as of September 12, 2025
Offer Period
- - Start Date: July 22, 2025
- - End Date: September 12, 2025
Acquisition Price
- - Price per Share: AUD 1.25
Results of the Takeover Bid
Share Acquisition Details
1.
Ownership Before Acquisition:
- Shares Owned: 0
- Voting Rights: 0 (0%)
2.
Shares Acquired:
- Total Acquired: 230,893,535 shares
- Voting Rights: 230,893,535
3.
Ownership After Acquisition:
- Total Shares: 230,893,535
- Voting Rights: 230,893,535
- Voting Rights Ratio: 66.4%
Note: The shares acquired include those purchased through the takeover bid and additional shares acquired via market purchases. The figures rely on shares agreed upon by shareholders accepting MIXI Australia’s offer.
Financial Implications of the Acquisition
- - Total Funds Required: AUD 289 million (approximately JPY 28.9 billion)
Note: The amount is calculated based on the number of shares acquired multiplied by the price per share during the takeover bid (1 AUD = 100 JPY used for conversion).
Future Plans
As previously communicated in a progress report on August 8, 2025, MIXI Australia is in the process of making payments to PointsBet shareholders who accepted the acquisition offer. This process is expected to conclude swiftly.
Impact on Company's Performance
The firm has indicated that it will provide updates regarding the effect of PointsBet's acquisition on its financial performance and fiscal status as more information becomes available.
About MIXI
MIXI, based in Shibuya, Tokyo, is dedicated to fostering rich communication and surprising experiences worldwide. Its popular services include ‘mixi,’ ‘Monster Strike,’ and ‘TIPSTAR,’ aiming to create meaningful connections that enrich the emotional experiences of users. Our mission is to enhance communication beyond mere connectivity to promote a society where hearts connect through shared experiences.
More information about MIXI can be found at
MIXI Official Website.
Note: MIXI, its related trademarks, and logos are registered trademarks of MIXI, Inc.