BUZZ-Australia's BetMakers Technology plunges after takeover talks end
Reuters
Feb 12
BUZZ-Australia's BetMakers Technology plunges after takeover talks end
** Shares of BetMakers Technology Group BET.AXfall as much as 19.6% to A$0.185, their biggest intraday pct loss since Nov 27, 2024
** Wagering tech provider responds to local media reports on takeover by Tabcorp TAH.AX
** Co says while there were discussions, no formal offer was received and discussions have ceased
** Tabcorp shares down 2.5%
** YTD, BET shares gained 5.4%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.