PointsBet Holdings (ASX:PBH) granted betr Entertainment (ASX:BBT) access to conduct due diligence on its takeover proposal after concluding the offer could potentially be superior to the proposed deal with Japanese consumer technology firm Mixi's unit, Mixi Australia, according to a Monday filing with the Australian bourse.
The company said it still recommends shareholders vote for the Mixi offer in the absence of a superior proposal and subject to an independent expert.