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Novomatic given green light to complete investment in Ainsworth

19th December 2017 6:15 am GMT

Austrian gaming giant Novomatic will complete its acquisition of a majority stake in Australian supplier Ainsworth Game Technology on January 5th, having received final regulatory approval.

Novomatic first entered into a share sale and purchase agreement with Ainsworth founder Len Ainsworth in February 2016 to acquire a 52 per cent stake in the business.

With all international regulatory approvals now in place, the acquisition is expected to complete on Friday January 5th.

Novomatic said that the approval from regulators [...]

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