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Ainsworth Game Technology Faces Takeover Bid

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Ainsworth Game Technology Faces Takeover Bid

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Ainsworth Game Technology ( (AU:AGI) ) has issued an announcement.

Kjerulf David Hastings Ainsworth has initiated an off-market takeover bid for 2.9% of the fully paid ordinary shares in Ainsworth Game Technology Ltd. This move, conducted under the Corporations Act 2001, signifies a strategic interest in increasing stake in the company, potentially impacting its market positioning and stakeholder dynamics.

The most recent analyst rating on (AU:AGI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Ainsworth Game Technology stock, see the AU:AGI Stock Forecast page.

More about Ainsworth Game Technology

Ainsworth Game Technology Ltd is a company operating in the gaming industry, primarily focusing on the development and supply of gaming machines and related technology. The company is known for its innovative gaming solutions and has a significant presence in various international markets.

Average Trading Volume: 160,276

Technical Sentiment Signal: Hold

Current Market Cap: A$336.8M

For detailed information about AGI stock, go to TipRanks’ Stock Analysis page.

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