Pacific Smiles Group Ltd (AU:PSQ) has released an update.
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Pacific Smiles Group Ltd is currently the target of an off-market takeover bid by Beam Dental Bidco Pty Limited, which has secured a 32.11% voting power in the company. Beam Bidco has gained this influence through acceptances of its offer and on-market purchases, backed by holdings from its associates, GFT2 and Genesis Capital Fund. The takeover bid, now unconditional, continues to shape the dynamics of Pacific Smiles’ shareholder structure.
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