Latest Ainsworth Game Technology (Asx:Agi) News

Ainsworth Game Technology has issued a Target's Statement responding to an unsolicited proportional takeover bid by Kjerulf David Hastings Ainsworth amid an ongoing full takeover offer from Novomatic. The Independent Board Committee refrains from recommending acceptance or rejection, highlighting complex shareholder choices.

Investor Kjerulf Ainsworth has initiated an unconditional off-market proportional takeover bid for 2.9% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and liquidity option.

Ainsworth Game Technology forecasts a slight decline in full-year profit driven by weaker North American sales in the second half, despite revenue growth in Asia-Pacific and Latin America.

Kjerulf David Hastings Ainsworth has initiated an unconditional all-cash proportional takeover offer for 2.9% of Ainsworth Game Technology Ltd shares at $1.30 each, representing a significant premium over recent trading prices and a competing bid by Novomatic.

Ainsworth Game Technology’s board unanimously backs Novomatic’s $1.00 per share takeover offer, while a competing proportional bid at $1.30 per share emerges from a key shareholder.

Ainsworth Game Technology has received a proportional takeover offer at a 28.7% premium from Kjerulf Ainsworth, while its board continues to recommend the full takeover offer from Novomatic.

Ainsworth Game Technology has lodged a supplementary statement supporting Novomatic’s unconditional takeover bid, even as its CEO resigns amid regulatory hurdles. The board unanimously recommends acceptance, with the offer deemed fair by an independent expert.

Ainsworth Game Technology announces the immediate resignation of CEO Harald Neumann and appoints COO Ryan Comstock as acting CEO while searching for a permanent replacement.

Ainsworth Game Technology’s CEO Harald Neumann faces a setback as the Nevada Gaming Control Board recommends withdrawing his license application, prompting a board review of his role.

Ainsworth Game Technology’s Independent Board Committee has unanimously recommended shareholders accept Novomatic AG’s unconditional $1.00 per share cash takeover offer, supported by an independent expert’s report deeming the offer fair and reasonable.

Novomatic AG has launched an unconditional A$1.00 per share off-market takeover offer for Ainsworth Game Technology Limited, representing a 35% premium and backed by AGI's Independent Board Committee. The offer aims to consolidate Novomatic's control and potentially delist AGI from the ASX.

Novomatic AG has launched an unconditional $1.00 per share cash offer to acquire all remaining shares of Ainsworth Game Technology Limited, representing a 35% premium to pre-announcement trading prices. The offer runs alongside a terminated scheme of arrangement and comes with unanimous board backing.