Mixi secures majority stake in PointsBet after takeover bid
Mixi Australia has increased its voting power to 66.43% following its off-market offer.
3 min read • Oct 3 • By
Milagros del Priore
Z-Gaming
Galaxsys
ReferOn
DYG
1spin4win
BetConstruct
AMATIC Online
GammaSweep
Global Gaming Awards
Logifuture
GR8_TECH
GammaStack
JDB Gaming
GammaPlus
SmartSoft
bet365 Partners
Imagine Live
Bally’s Intralot
OMNIPLAY
Kanggiten
N1 Partners
Z-Gaming
Galaxsys
ReferOn
DYG
1spin4win
BetConstruct
AMATIC Online
GammaSweep
Global Gaming Awards
Logifuture
GR8_TECH
GammaStack
JDB Gaming
GammaPlus
SmartSoft
bet365 Partners
Imagine Live
Bally’s Intralot
OMNIPLAY
Kanggiten
N1 Partners
Mixi Australia has increased its voting power to 66.43% following its off-market offer.
Of the total, €460m comes from a six-year senior secured term loan provided by institutional lenders, while the remaining €200m was raised through a four-year amortisation term loan involving several Greek banks.
It has acquired additional shares on the open market and will keep its unconditional AU$1.00 per share takeover offer in play.
The lottery, casino and sports betting operator makes its largest US investment to date.
The investment bank's stake in the Australian casino operator has fallen below the 5% threshold.
The deal strengthens Tipico's presence in Austria and ensures Admiral's technological continuity with Novomatic
Mixi Australia is holding a controlling interest and Betr is submitting a conditional scrip-based proposal