HomeNewsAustraliaNovomatic extends takeover bid for Ainsworth Game Technology

Novomatic extends takeover bid for Ainsworth Game Technology

Austrian gaming giant Novomatic AG has extended the deadline for its off‑market takeover bid for Ainsworth Game Technology, according to a notice lodged with the Australian Securities and Investments Commission (ASIC).

The offer, originally set out in a bidder’s statement, will now remain open until 7pm (Sydney time) on January 30th, 2026, unless further extended or withdrawn.

Novomatic is seeking to acquire all AGI shares it does not already own. The company has urged shareholders to review the updated offer terms and directed inquiries to its information line.

The extension follows Ainsworth Game Technology’s announcement earlier this year that it had terminated a scheme arrangement for the acquisition of all its shares by Novomatic at AU$1 ($0.65) per share.

At the time, the company’s Independent Board Committee said proxy votes indicated the required shareholder approval would not be met, prompting the cancellation of the scheme meeting scheduled for August 29th.

Despite the termination of the implementation deed, the overall takeover bid remained in place.

Ainsworth reported a sharp drop in net profit in the first half of 2025 despite higher revenue, adding pressure to the company’s outlook.

Novomatic already controls more than 50 percent of AGT shares, though some shareholders — including members of the Ainsworth family — have signaled opposition to the scheme.

Nelson Moura
Nelson Mourahttp://agbrief.com
Editor and reporter with 10 years of experience in Greater China, namely Taiwan and Macau, in printed and online media, with a focus on finance, gaming, politics, crime, business and social issues.

MORE NEWS

FOLLOW AGB

Latest
Industry

daily newsletter