SectorWire
SearchRegister
MenuClose

Novomatic agrees to acquire Ainsworth’s remaining 47.1% stake

Deals & M&A

Novomatic agreed to acquire the remaining 47.1% stake in Ainsworth Game Technology for A$1.00 per share, subject to completion of a scheme of arrangement. Ainsworth’s independent board committee unanimously backed the proposal, which remains conditional on shareholder and Federal Court approvals, an independent expert’s report and other conditions.

The proposed acquisition would give Novomatic full ownership of Ainsworth, subject to shareholder, court and other approvals.

Connections

Request a correction

Flag an issue

Keep reading