Pacific Smiles Group Ltd (AU:PSQ) has released an update.
Pacific Smiles Group Limited (PSQ) has announced that NDC BidCo Pty Ltd has raised its acquisition offer for all Pacific Smiles shares to $2.05 each. Despite this, Genesis Capital has expressed its intention to vote against the NDC Scheme, citing the revised terms as unsatisfactory. Pacific Smiles’ Board continues to endorse the NDC offer and urges shareholders to vote, emphasizing the importance of their participation in the scheme’s approval.
For further insights into AU:PSQ stock, check out TipRanks’ Stock Analysis page.
