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dentalcorp Holdings ( (TSE:DNTL) ) has shared an update.
Dentalcorp Holdings Ltd. has received an interim order from the Supreme Court of British Columbia for a special meeting regarding its acquisition by GTCR-affiliated funds. The arrangement involves a cash offer of C$11.00 per share, a 33% premium on the 20-day VWAP. L Catterton Investor will receive cash for its shares, aligning with other shareholders, and has amended its voting support agreement to favor the acquisition. The transaction has significant backing from key stakeholders, representing a 60.8% voting interest, and the Board recommends approval.
The most recent analyst rating on (TSE:DNTL) stock is a Hold with a C$11.50 price target. To see the full list of analyst forecasts on dentalcorp Holdings stock, see the TSE:DNTL Stock Forecast page.
Spark’s Take on TSE:DNTL Stock
According to Spark, TipRanks’ AI Analyst, TSE:DNTL is a Neutral.
dentalcorp Holdings’ overall stock score is primarily driven by its strong technical indicators, suggesting bullish momentum. However, the company’s financial performance is hindered by profitability challenges, which impacts its valuation negatively. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TSE:DNTL stock, click here.
More about dentalcorp Holdings
Dentalcorp Holdings Ltd. is Canada’s largest and one of North America’s fastest-growing networks of dental practices.
Average Trading Volume: 477,109
Technical Sentiment Signal: Buy
Current Market Cap: C$2.17B
For a thorough assessment of DNTL stock, go to TipRanks’ Stock Analysis page.