SectorWire
SearchRegister
MenuClose

NOVOMATIC agrees to acquire Ainsworth’s remaining shares for $1 each

Deals & M&A

NOVOMATIC has agreed to buy Ainsworth Game Technology’s remaining shares for $1.00 each under a scheme implementation deed. Ainsworth’s independent board committee recommends the deal, which still needs shareholder approval; completion is expected in the second half of the year, and NOVOMATIC said it has received Foreign Investment Review Board approval.

The transaction would give NOVOMATIC full ownership of Ainsworth, subject to shareholder approval.

Connections

Request a correction

Flag an issue

Keep reading