{"id":382,"date":"2025-08-12T18:35:26","date_gmt":"2025-08-12T18:35:26","guid":{"rendered":"http:\/\/www.sourceforterminals.com\/?p=382"},"modified":"2025-08-15T15:23:49","modified_gmt":"2025-08-15T15:23:49","slug":"novomatics-ainsworth-game-technology-takeover-looks-doomed-after-investor-revolt","status":"publish","type":"post","link":"http:\/\/www.sourceforterminals.com\/index.php\/2025\/08\/12\/novomatics-ainsworth-game-technology-takeover-looks-doomed-after-investor-revolt\/","title":{"rendered":"Novomatic\u2019s Ainsworth Game Technology Takeover Looks Doomed After Investor Revolt"},"content":{"rendered":"

The post Novomatic\u2019s Ainsworth Game Technology Takeover Looks Doomed After Investor Revolt<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n

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Novomatic\u2019s attempt to take over Australian gaming machine manufacturer Ainsworth Game Technology now looks doomed after five major investors revealed they will oppose the bid.<\/p>\n

Novomatic already owns almost 53% of the company and was trying to purchase the outstanding shares for AU$1 (US$0.65) apiece. This was a 35% increase on the share price before the offer announcement and valued the company at about AU$336m (US$218m).<\/p>\n

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group of investors control about 20% of the shares and they believe the offer is too low<\/p>\n<\/blockquote>\n

The group of investors control about 20% of the shares and they believe the offer is too low. Novomatic submitted its final offer in April and a shareholder vote will take place on August 29. It is blocked from participating in the vote, which swings things in favor of the unhappy investors.<\/p>\n

The group alleged in May that the board of directors wasn\u2019t acting in the interests of shareholders by going along with Novomatic\u2019s offer.<\/p>\n

The Ainsworth family is the most influential of the disgruntled shareholders, controlling over 13% of the firm through AKHA Holdings. Len Ainsworth co-founded the company in 1995 after having great success with the pokie maker Aristocrat Leisure. He sold 53% of Ainsworth Game Technology in 2018 to Novomatic.<\/p>\n

The post Novomatic\u2019s Ainsworth Game Technology Takeover Looks Doomed After Investor Revolt<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The post Novomatic\u2019s Ainsworth Game Technology Takeover Looks Doomed After Investor Revolt appeared first on Vegas Slots Online News. Novomatic\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"_links":{"self":[{"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/posts\/382"}],"collection":[{"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/comments?post=382"}],"version-history":[{"count":1,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/posts\/382\/revisions"}],"predecessor-version":[{"id":383,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/posts\/382\/revisions\/383"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/media\/237"}],"wp:attachment":[{"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/media?parent=382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/categories?post=382"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sourceforterminals.com\/index.php\/wp-json\/wp\/v2\/tags?post=382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}