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Why Is Ainsworth Offering $1.30 for 2.9% of AGI Shares Now?
11:45am on Friday 19th of December, 2025 AEDT
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Why Is Ainsworth Offering $1.30 for 2.9% of AGI Shares Now?
11:45am on Friday 19th of December, 2025 AEDT
Key Points
Unconditional all-cash proportional takeover bid for 2.9% of AGI shares
Offer price of $1.30 per share represents a 28.7% premium to recent trading prices
Ainsworth currently holds 7.27% and aims to keep stake below 10% due to licensing rules
Novomatic holds majority 61.8% stake and unlikely to increase offer price
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