Pacific Smiles Group Ltd (AU:PSQ) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Beam Dental Bidco Pty Limited has significantly increased its stake in Pacific Smiles Group, reaching a voting power of 88.20% after acquiring shares both through acceptances of its takeover offer and on-market purchases. The Offer became unconditional on November 11, 2024, and has since gathered substantial traction, including shares from major holders GFT2 and Genesis Capital Fund. This development marks a pivotal moment in Beam Bidco’s strategic acquisition plan.
For further insights into AU:PSQ stock, check out TipRanks’ Stock Analysis page.