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Ainsworth Game Technology ( (AU:AGI) ) has issued an announcement.
Ainsworth Game Technology has received an unconditional off-market takeover bid from Novomatic AG for all its ordinary shares not already owned by Novomatic. The Independent Board Committee of Ainsworth recommends shareholders accept the offer, as it has been deemed fair and reasonable by an independent expert, barring any superior proposals. The Target’s Statement has been lodged with the Australian Securities and Investments Commission and will be sent to shareholders shortly.
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 is a company operating in the gaming industry, primarily focused on the development and supply of gaming machines and related technology. The company serves various markets with its innovative gaming products.
YTD Price Performance: 19.08%
Average Trading Volume: 763,505
Technical Sentiment Signal: Buy
Current Market Cap: A$346.9M
For an in-depth examination of AGI stock, go to TipRanks’ Overview page.