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Why Is Ainsworth’s Board Backing Novomatic Amid a Higher Rival Bid?

8:39am on Wednesday 29th of October, 2025 AEDT Gaming
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Why Is Ainsworth’s Board Backing Novomatic Amid a Higher Rival Bid?

8:39am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Novomatic’s unconditional $1.00 per share takeover bid recommended by Ainsworth’s Independent Board Committee
  • Independent Expert confirms the offer is fair and reasonable to shareholders
  • Kjerulf Ainsworth proposes a proportional takeover offer at $1.30 per share for 2.9% of shares
  • Novomatic declines to participate in the proportional offer
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