betr Entertainment Limited (ASX:BBT) Updates Off-Market Takeover Offer for PointsBet Holdings
Takeover Offer Update
betr Entertainment Limited has lodged a replacement bidder’s statement related to its off-market takeover offer to acquire all shares in PointsBet Holdings Limited (ASX:PBH). The offer is made under Part 6.5 of the Corporations Act.
Offer Conditions Freed
The takeover offer is now freed from the PointsBet Employee Incentives Condition, as per section 14.13(f) of the Bidder’s Statement. A separate notice has been given to PointsBet.
Voting Power
betr Entertainment’s voting power in PointsBet stands at 19.1%, based on 347,586,582 PointsBet Shares on issue.
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