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Australian Government approves Mixi’s $264M PointsBet bid
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Australian Government approves Mixi’s $264M PointsBet bid
PointsBet has received official approval from the Australian Commonwealth Government for its proposed acquisition by Mixi. The deal has been deemed compliant with the Foreign Acquisition and Takeovers Act 1975, allowing the process to move forward. However, final approval from Ontario authorities is still pending. Interestingly, despite denying any foreign takeover talks in Q4 2024, PointsBet later reversed course and confirmed the acquisition i…
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