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Novomatic AG Completes Dispatch for Ainsworth Takeover Bid

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Novomatic AG Completes Dispatch for Ainsworth Takeover Bid

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An update from Ainsworth Game Technology ( (AU:AGI) ) is now available.

Novomatic AG has completed the dispatch of its bidder’s statement for an off-market takeover bid for all shares of Ainsworth Game Technology Limited that it does not already own. This move signifies a strategic effort by Novomatic to consolidate its position in the gaming industry by fully acquiring Ainsworth, potentially impacting stakeholders and the market dynamics within the sector.

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 focusing on the development and manufacturing of gaming machines and related technology. The company targets markets that include casinos and gaming establishments.

Average Trading Volume: 756,387

Technical Sentiment Signal: Buy

Current Market Cap: A$341.8M

Learn more about AGI stock on TipRanks’ Stock Analysis page.

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