tiprankstipranks
Pacific Smiles Board Changes Under Genesis Bidco Control
Company Announcements

Pacific Smiles Board Changes Under Genesis Bidco Control

Pacific Smiles Group Ltd (AU:PSQ) has released an update.

Don't Miss Our Christmas Offers:

Pacific Smiles Group is undergoing significant changes as Genesis Bidco, a subsidiary of Genesis Capital, gains a controlling interest of 61.5% and plans to reconstitute the Board with new directors, including Dr. Michael Caristo as Chairman. The current Board encourages shareholders to accept Genesis Bidco’s cash offer, as they believe the risks of holding Pacific Smiles shares now outweigh the benefits under the new control. Shareholders should act promptly, as the offer is set to close soon.

For further insights into AU:PSQ stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App