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Why Is Ainsworth’s Board Urging Shareholders to Accept Novomatic’s $1.00 Bid?

8:47pm on Friday 29th of August, 2025 AEST Gaming
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Why Is Ainsworth’s Board Urging Shareholders to Accept Novomatic’s $1.00 Bid?

8:47pm on Friday 29th of August, 2025 AEST
Key Points
  • Novomatic launches unconditional $1.00 cash per share takeover bid
  • Ainsworth Independent Board Committee unanimously recommends acceptance
  • Bid subject to independent expert’s fairness opinion and absence of superior proposal
  • Scheme meeting deferred to accommodate takeover bid process
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