{"id":777031666,"date":"2025-09-15T09:28:01","date_gmt":"2025-09-15T12:28:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031666"},"modified":"2026-04-21T19:10:09","modified_gmt":"2026-04-21T22:10:09","slug":"ainsworth-urges-shareholders-to-accept-novomatic-takeover-bid","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ainsworth-urges-shareholders-to-accept-novomatic-takeover-bid","title":{"rendered":"Ainsworth urges shareholders to accept Novomatic takeover bid"},"content":{"rendered":"\n<p>The Independent Board Committee has unanimously recommended the offer.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- Ainsworth Game Technology has urged shareholders to <a href=\"https:\/\/focusgn.com\/asia-pacific\/ainsworth-and-novomatic-terminate-share-purchase-scheme\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/ainsworth-and-novomatic-terminate-share-purchase-scheme\" target=\"_blank\" rel=\"noreferrer noopener\">accept a AU$1.00 (US$0.67) per share takeover bid<\/a> from gaming equipment supplier Novomatic. The Independent Board Committee unanimously recommended the offer, which values Ainsworth at AU$336.83m (US$223m), as \u201cfair and reasonable\u201d in the absence of a superior proposal.<\/p>\n\n\n\n<p>Novomatic currently holds a 59.8 per cent stake in Ainsworth <a href=\"https:\/\/focusgn.com\/asia-pacific\/novomatic-to-acquire-remaining-47-of-ainsworth-shares\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/novomatic-to-acquire-remaining-47-of-ainsworth-shares\" target=\"_blank\" rel=\"noreferrer noopener\">after recent share acquisitions<\/a>. It aims to acquire all remaining shares it does not already own. The Independent Board Committee, chaired by Danny Gladstone, noted that the all-cash offer represents a significant premium on the recent trading price and provides full liquidity. An independent expert\u2019s report assessed Ainsworth\u2019s underlying value at between AU$0.93 (US$0.61) and AU$1.07 (US$0.71) per share.<\/p>\n\n\n\n<p>Ainsworth has lodged its Target Statement with the Australian Securities and Investments Commission, and shareholders are expected to receive it by September 17. The company expects the deal to close by November 3.<\/p>\n\n\n\n<p>If Novomatic\u2019s stake reaches 75 per cent or more, the company intends to delist Ainsworth from the Australian Stock Exchange (ASX). Should its ownership hit 90 per cent, delisting will proceed via compulsory acquisition. <\/p>\n\n\n\n<p>Ainsworth reported a <a href=\"https:\/\/focusgn.com\/asia-pacific\/ainsworth-revenue-increases-in-the-first-half-of-the-year\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/ainsworth-revenue-increases-in-the-first-half-of-the-year\" target=\"_blank\" rel=\"noreferrer noopener\">25.3 per cent revenue increase to AU$152.1m (US$98.9m)<\/a> for the six months ending June 30, 2025. Net profit fell 65 per cent year-on-year to AU$4.9m (US$3.2m).<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/08\/b642b9c9-6169-40b9-b56a-a98956deee30-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/ainsworth-and-novomatic-terminate-share-purchase-scheme'>Ainsworth and Novomatic terminate scheme implementation deed<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The Independent Board Committee has unanimously recommended the offer.<\/p>\n","protected":false},"author":680,"featured_media":777030077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Novomatic has initiated a takeover bid for Ainsworth Game Technology at AU$1.00 per share, valuing the entity at AU$336.83m. The Independent Board Committee has unanimously endorsed the offer, citing a substantial premium and full liquidity for shareholders. Novomatic, currently holding a 59.8% stake, intends to acquire all outstanding shares and subsequently delist Ainsworth from the Australian Stock Exchange.","focusai_entities":"Ainsworth Game Technology, Novomatic, Independent Board Committee, Danny Gladstone, Australian Securities and Investments Commission, Australian Stock Exchange","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.8), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Novomatic's Strategic Implications?","query":"What are the strategic implications for Novomatic's global market share and product roadmap within the land-based and interactive gaming verticals following this acquisition?"},{"label":"ASX Delisting Impact?","query":"How will the delisting of Ainsworth from the ASX impact its access to capital markets, future growth financing, and overall corporate governance framework?"}],"footnotes":""},"categories":[16336,157],"tags":[24899,289,24900],"class_list":["post-777031666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-ainsworth-game-technology","tag-australia","tag-novomatic-ag"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031666"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031666\/revisions"}],"predecessor-version":[{"id":777031701,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031666\/revisions\/777031701"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777030077"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}