Novomatic makes final offer for Ainsworth
The company currently holds 52.9 per cent of all shares.
Australia.- Novomatic has submitted an off-market takeover bid of AU$1 (US$0.64) per share in cash to acquire all outstanding shares it does not currently own in Ainsworth Game Technology. The company, which bought 52.9 per cent of shares from founder Len Ainsworth in 2016, announced a scheme implementation deed in April.
It said the offer price is final and will not be increased. Ainsworth’s board committee has recommended that shareholders vote in favour. The takeover remains subject to court approval and submission of documents to the Australian Securities and Investments Commission (ASIC) and the ASX.
Ainsworth Game Technology reported revenue of AUD152.1m (US$98.9m) for the first half of 2025. That’s a rise of 25.3 per cent year-on-year. Net profit was AUD4.9m (US$3.2m), down 65 per cent. The company said the revenue growth was due to the increase of land-based sales in its main regions, particularly in Australia following the release of the RaptorTM cabinet in February.
The Asia Pacific segment generated revenue of AUD34.6m (US$2.2m), up 81 per cent. The region saw 1,049 unit sales, a 90 per cent increase year-on-year. Profit increased 23 per cent to AUD7.9m (US$5.1).
