Representative Matters

MIXI Australia Completes AU$430-Million Takeover of PointsBet

On September 12, 2025, MIXI Australia successfully completed its AU$430-million all-cash off-market takeover of PointsBet, a leading Australian and Canadian online betting platform, following its acquisition of 66.43% of PointsBet’s shares. The transaction marks the close of an extended and complex contested takeover battle with a competing bidder that began in 2024, throughout which MIXI was consistently the bidder favoured by PointsBet management.

MIXI Australia is a wholly owned subsidiary of Tokyo-based MIXI, Inc. (TYO: 2121), a global enterprise operating in the sports, lifestyle and digital entertainment sectors, coupled with in-house investment businesses. The transaction significantly expands MIXI’s presence in the gaming market, particularly in the Australian and Canadian regions.  

Aird & Berlis advised MIXI on all Canadian legal aspects of the transaction with a team led by Peter Czegledy and including Cathy Jares, Lynn Tay and Tommy Newton (Corporate/Regulatory), Sean Mason (Capital Markets), Paige Backman (Privacy and Data Security), Stephen Zolf (Foreign Investment and Antitrust), Ken Clark (Intellectual Property), Dasha Peregoudova (Employment and Labour) and Saam Nainifard (Tax).