Australia-based casino slot machine maker Ainsworth Game Technology has postponed a meeting at which shareholders would be asked to vote on a takeover by Austrian gaming giant Novomatic.
The date of the new meeting “will be no later than 30 days” after the originally planned date of June 3, but the precise date will depend on feedback from Australia’s Takeovers Panel, said Ainsworth Game Technology in a Monday filing to the Australian Securities Exchange.
Under a proposal announced on February 23, the privately held Novomatic would acquire 53 per cent of Ainsworth Game Technology from Len Ainsworth, the Australian firm’s founder and chairman.
