The world’s dealmakers are counting their losses in one of the worst years for takeovers and stock market listings in a decade.
PointsBet’s $333 million sale of its US division to merchandise business Fanatics has cleared the final hurdle after shareholders voted in its favour.
Jay-Z backed merchandise giant Fanatics has wrangled back its deal to buy PointsBet’s US division by upping its offer to $333 million.
Wagering giant DraftKings will have until Tuesday to launch a formal offer for ASX-listed PointsBet’s US operations,and back up its surprise $283 million bid.
The wagering company has told the Australian market that DraftKings has lodged a late bid for the US arm of its business with a headline purchase price of $283 million in cash,with no financing condition.
Melbourne-based Tesserent has agreed to a $176 million offer from multinational Thales.
A US franchise operator has pumped cash into Domino’s biggest competitor at a time when the chain has struggled to navigate rising costs.
Like a wealthy Australian businessman did nearly half a century ago,Saudi Arabia has just taken on and beaten the kingpins of a sport. It’s a big step in a bigger plan.
Origin Energy’s suitor has told the competition regulator that a takeover offers the ASX-listed target the best option to fund its ambitious transition to green energy.
Private equity firm Potentia Capital has walked away from the Mike Cannon-Brookes-backed fintech Tyro Payments after gaining access to its books.
Aristocrat Leisure will acquire NeoGames in a push to firm up its position in the online lottery market after a failed bid for another gaming firm last year.