Pacific Smiles Group Ltd (AU:PSQ) has released an update.
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Beam Dental Bidco Pty Limited has significantly increased its stake in Pacific Smiles Group Limited, reaching a voting power of 86.87% through its takeover bid and on-market share purchases. The bid has resulted in Beam Bidco acquiring over half of Pacific Smiles’ shares, marking a major consolidation in ownership. This development could present potential changes or strategic shifts for the company moving forward.
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