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Pointsbet in $400m raising; Goldman Sachs, MST on board – The Australian Financial Review

Betting company Pointsbet is preparing to put a $400 million equity raising to investors.

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The split structure, with a cheaper price for the rights issue, is an attempt to look after the companys existing shareholders, many of who were there when the company listed in 2019 at $2 a share and have done very well.
The raising comes as Pointsbet…

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