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Novomatic AG Launches Takeover Bid for Ainsworth Game Technology

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Novomatic AG Launches Takeover Bid for Ainsworth Game Technology

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

Novomatic AG has announced an off-market takeover bid for Ainsworth Game Technology Limited, offering A$1.00 cash per share. The Independent Board Committee of AGI recommends shareholders accept the offer, providing them with choice and certainty regarding liquidity and performance, subject to no superior proposals emerging.

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 is known for its innovative gaming solutions and has a significant market presence in the gaming sector.

Average Trading Volume: 181,257

Technical Sentiment Signal: Buy

Current Market Cap: A$340.2M

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

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