{"id":777035475,"date":"2025-12-03T08:43:05","date_gmt":"2025-12-03T11:43:05","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777035475"},"modified":"2026-04-21T16:23:27","modified_gmt":"2026-04-21T19:23:27","slug":"novomatic-extends-ainsworth-takeover-deadline","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/novomatic-extends-ainsworth-takeover-deadline","title":{"rendered":"Novomatic extends Ainsworth takeover deadline"},"content":{"rendered":"\n

The Austrian gaming group has pushed back the closing date for its offer.<\/p>\n\n\n\n\n\n\n\n

Australia.- Novomatic AG<\/strong> has extended the deadline<\/strong> for its off-market takeover bid for Ainsworth Game Technology <\/strong>(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<\/strong>, unless further extended or withdrawn.<\/p>\n\n\n\n

Novomatic, which already controls more than 50 per cent<\/strong> of AGI, is pursuing full ownership of the Australian slot-machine maker<\/a>. Earlier this year, Ainsworth terminated a scheme arrangement under which Novomatic had agreed to acquire all remaining shares at AU$1 per share<\/strong> after the company\u2019s Independent Board Committee (IBC) determined that proxy votes indicated the proposal would fail.<\/p>\n\n\n\n

Despite higher revenue, Ainsworth reported a decline in net profit<\/strong> in the first half of 2025. Analysts currently maintain a hold<\/strong> recommendation on the stock with a AU$1.00 price target<\/strong>, while the company\u2019s market cap sits around AU$336.8m<\/strong> (US$220).<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Ainsworth board reaffirms support for Novomatic\u2019s takeover bid\u00a0<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The Austrian gaming group has pushed back the closing date for its offer.<\/p>\n","protected":false},"author":680,"featured_media":20685,"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 AG has extended its off-market takeover bid for Ainsworth Game Technology (AGI) until January 30, 2026, providing shareholders additional time to assess the offer. This move by Novomatic, which already holds a controlling stake, aims for full ownership of the Australian slot-machine manufacturer, following a prior scheme arrangement's failure and AGI's reported decline in net profit despite revenue growth in H1 2025.","focusai_entities":"Novomatic AG, Ainsworth Game Technology, Australian Securities and Investments Commission, Independent Board Committee","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.8), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"AGI Valuation Impact?","query":"What are the specific financial implications for Ainsworth Game Technology's enterprise valuation and shareholder returns, considering the extended bid timeline and recent decline in net profit?"},{"label":"Novomatic's Revised Strategy?","query":"What is Novomatic's updated strategic rationale for pursuing full ownership of AGI, particularly after the initial scheme arrangement's failure and AGI's recent financial performance metrics?"}],"footnotes":""},"categories":[16336,157],"tags":[24899,289,24900],"class_list":["post-777035475","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\/777035475","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=777035475"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035475\/revisions"}],"predecessor-version":[{"id":777035492,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777035475\/revisions\/777035492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20685"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777035475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777035475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777035475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}