The Austrian gaming group has pushed back the closing date for its offer.
Australia.- Novomatic AG has extended the deadline for its off-market takeover bid for Ainsworth Game Technology (AGI) to give shareholders additional time to assess the offer. According to a notice filed with the Australian Securities and Investments Commission (ASIC), the bid will remain open until 7pm (Sydney time) on January 30, 2026, unless further extended or withdrawn.
Novomatic, which already controls more than 50 per cent of AGI, is pursuing full ownership of the Australian slot-machine maker. Earlier this year, Ainsworth terminated a scheme arrangement under which Novomatic had agreed to acquire all remaining shares at AU$1 per share after the company’s Independent Board Committee (IBC) determined that proxy votes indicated the proposal would fail.
Despite higher revenue, Ainsworth reported a decline in net profit in the first half of 2025. Analysts currently maintain a hold recommendation on the stock with a AU$1.00 price target, while the company’s market cap sits around AU$336.8m (US$220).
The Austrian gaming group has pushed back the closing date for its offer. Australia.- Novomatic AG has extended the deadline for its off-market takeover bid for Ainsworth Game Technology (AGI)…
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