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Ainsworth Game Technology ( (AU:AGI) ) has provided an update.
Novomatic AG has made an off-market takeover bid for all shares of Ainsworth Game Technology Limited that it does not already own, offering $1.00 cash per share. The Independent Board Committee of AGI has recommended shareholders accept the offer, citing it as fair and reasonable, while also providing an alternative scheme for shareholders to consider, ensuring liquidity and performance certainty.
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.
Average Trading Volume: 756,387
Technical Sentiment Signal: Buy
Current Market Cap: A$341.8M
For detailed information about AGI stock, go to TipRanks’ Stock Analysis page.