{"id":777037930,"date":"2026-02-11T12:59:49","date_gmt":"2026-02-11T15:59:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777037930"},"modified":"2026-04-21T14:28:55","modified_gmt":"2026-04-21T17:28:55","slug":"ainsworth-cancels-acquisition-deal-after-novomatic-bid-fails","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ainsworth-cancels-acquisition-deal-after-novomatic-bid-fails","title":{"rendered":"Novomatic fails in bid to acquire Ainsworth"},"content":{"rendered":"\n

The deadline has lapsed on the Austrian slot developer’s takeover offer.<\/p>\n\n\n\n\n\n\n\n

Australia.- Ainsworth Game Technology (AGT) has formally cancelled the acquisition agreement with majority shareholder Novomatic. The slots developer’s proposal fell short of the required 75 per cent shareholder approval needed to privatise the company, bringing an end to an acquisition attempt that saw the deadline extended twice, most recently to February 6.<\/p>\n\n\n\n

The Ainsworth family opposed the A$1.00 (\u20ac0.60) per share offer, arguing it undervalued the business. Kjerulf Ainsworth, in comments to the Australian Financial Review, had claimed that the company\u2019s Florida and Nevada assets were underpriced in the A$68.7m proposal and had pressed the board to justify how the offer represented fair value. Kjerulf tabled a rival offer.<\/p>\n\n\n\n

Novomatic’s bid was announced in August 2025, at which point the Austrian developer held 52.9 per cent of AGT’s shares. It was confirmed to achieved a 66.59 per cent stake by January 29, still some way short of the 75 per cent required.<\/p>\n\n\n\n

In October 2025, former Novomatic CEO Harold Neumann stepped down after Nevada regulators rejected his gaming licence application. His departure followed reports that Austrian authorities had investigated him for corruption, though no charges were filed.<\/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> Novomatic extends Ainsworth takeover deadline<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The deadline has lapsed on the Austrian slot developer’s takeover offer.<\/p>\n","protected":false},"author":2395,"featured_media":9601,"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's bid to acquire Ainsworth Game Technology (AGT) has been formally cancelled after failing to secure the requisite 75% shareholder approval. The Ainsworth family opposed the A$1.00 per share offer, citing undervaluation of key assets, leading to the termination of the acquisition attempt.","focusai_entities":"Ainsworth Game Technology, Novomatic, Kjerulf Ainsworth, Harold Neumann, Ainsworth family","focusai_location":"Australia, Austria, Florida, Nevada","focusai_target_profile":"investor_analyst (1.0), ceo_executive (0.9), supplier_vendor (0.9), regulator (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"AGT's Post-Bid Strategy?","query":"What are the immediate strategic implications for Ainsworth Game Technology's market positioning and capital allocation following the failed Novomatic takeover?"},{"label":"Novomatic M&A Impact?","query":"How will Novomatic's B2B M&A strategy be recalibrated in light of this unsuccessful acquisition attempt and the stated valuation discrepancies?"}],"footnotes":""},"categories":[16336,157],"tags":[289,29,229],"class_list":["post-777037930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-australia","tag-casino","tag-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037930","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777037930"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037930\/revisions"}],"predecessor-version":[{"id":777037935,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037930\/revisions\/777037935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9601"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777037930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777037930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777037930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}