Mixi increases offer for PointsBet amid acquisition progress

Mixi (TSE:2121) announced an increase to its proposed acquisition price for PointsBet Holdings Limited, an Australian Securities Exchange-listed company primarily engaged in the betting business. The revised offer, disclosed on June 3, 2025, raises the purchase price for PointsBet's ordinary shares to AUD 398 million (approximately JPY 39,800 million, based on an exchange rate of AUD1=JPY100). This increase is intended to bolster the likelihood of the Scheme of Arrangement (SOA) gaining approval at the upcoming PointsBet shareholder meeting.