Pacific Smiles Group Ltd (AU:PSQ) has released an update.
Beam Dental Bidco, associated with Genesis Capital, has launched an off-market takeover to acquire Pacific Smiles Group Limited, offering shareholders $1.90 per share, a share swap, or a mixed cash and share option. The offers are enticing as they exceed Pacific Smiles’ recent share performance and are endorsed by an independent expert as fair. Accepting the bid eliminates investment risks and provides options for shareholders to remain indirectly invested alongside a seasoned healthcare investor.
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