The PointsBet (ASX:PBH) board determined that the BlueBet (ASX:BBT) proposal to acquire the company, potentially valued between AU$1.02 and AU$1.09 per PointsBet share, could not be expected to lead to a superior proposal to the competing offer from MIXI, according to a Thursday filing with the Australian bourse.
The company received the cash and scrip offer from BlueBet on Feb. 18, but at the time, it was subject to exclusivity arrangements with MIXI for its scheme of arrangement involving a fully funded cash price of AU$1.06 per share for PointsBet shareholders, the filing said.
The company said the BlueBet proposal was unfunded, subject to an explicit financing condition, and will need BlueBet to raise AU$100 million in debt and conduct a AU$160 million upfront capital raise, which could impact the value received by PointsBet shareholders, per the filing.
BlueBet shares fell 4% in recent trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。