Pacific Smiles Group Ltd (AU:PSQ) has released an update.
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Beam Dental Bidco Pty Limited has increased its stake in Pacific Smiles Group to 43.93% through a combination of offer acceptances and on-market purchases. This strategic move highlights Beam Bidco’s aggressive acquisition strategy, as it aims to solidify its control over the dental service provider. Investors are closely watching these developments as they could impact Pacific Smiles’ market position and stock performance.
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