Novomatic Extends Deadline for Ainsworth Acquisition Once More

Background of the Acquisition

Ainsworth Game Technology Limited, a gaming company based in Australia, has announced another delay in its planned takeover by NOVOMATIC. The merger and acquisition process between these companies has encountered ongoing challenges due to significant disagreements between their representatives.

The Acquisition Deadline Is Pushed to February 6, 2026

On the original deadline date of January 30, Ainsworth revealed that the final completion date for the off-market takeover has been extended yet again. The new deadline for accepting the offer is now set for 7 pm Sydney time on February 6, 2026.

According to an official notice filed by Ainsworth on behalf of NOVOMATIC, this extension adjusts the offer period as outlined in the bid documentation, indicating this is intended to be the ultimate extension for the acquisition offer.

Investor Disagreements Impacting the Acquisition Process

NOVOMATIC, which currently holds a majority stake of 66.59% in Ainsworth, initiated the plan in 2025 to acquire the remaining shares. However, this bid has been complicated by internal disputes among Ainsworth shareholders.

Some shareholders, including members of the Ainsworth family, oppose the deal, arguing that the offer undervalues the company despite management’s assurances to the contrary. This opposition has introduced further challenges and prolonged the deal.

The uncertainty surrounding the acquisition has negatively affected Ainsworth’s share price and contributed to a period of instability for the business.