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Ainsworth Game Technology ( (AU:AGI) ) has issued an announcement.
Novomatic AG has launched an off-market takeover bid for Ainsworth Game Technology Limited, aiming to acquire all shares it does not currently own. The bid, which offers AGI shareholders A$1.00 per share, has been recommended by AGI’s Independent Board Committee, subject to certain conditions. This move is expected to strengthen Novomatic’s position in the gaming industry and could have significant implications for AGI stakeholders.
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 Limited operates in the gaming industry, focusing on the development and manufacturing of gaming machines and related equipment. The company is known for its innovative gaming solutions and has a significant presence in the global gaming market.
Average Trading Volume: 756,387
Technical Sentiment Signal: Buy
Current Market Cap: A$341.8M
For an in-depth examination of AGI stock, go to TipRanks’ Overview page.