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Why Ainsworth’s Board Declines to Recommend on KDHA’s 2.9% Takeover Bid
9:30am on Wednesday 31st of December, 2025 AEDT
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Gaming
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Why Ainsworth’s Board Declines to Recommend on KDHA’s 2.9% Takeover Bid
9:30am on Wednesday 31st of December, 2025 AEDT
Key Points
KDHA offers $1.30 per share for 2.9% proportional stake
Novomatic maintains $1.00 per share full takeover bid for all shares
Independent Board Committee makes no recommendation on proportional offer
Novomatic, holding 65.2%, intends to reject proportional offer
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