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Beam Dental Bidco Launches Takeover Bid for Pacific Smiles Group

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Beam Dental Bidco Launches Takeover Bid for Pacific Smiles Group

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

Beam Dental Bidco Pty Ltd has announced an off-market takeover bid for all ordinary shares of Pacific Smiles Group Ltd that it does not already own. This move, detailed in a supplementary bidder’s statement lodged with the Australian Securities and Investments Commission, could significantly impact Pacific Smiles’ operations and market positioning, potentially altering stakeholder interests.

The most recent analyst rating on (AU:PSQ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Pacific Smiles Group Ltd stock, see the AU:PSQ Stock Forecast page.

More about Pacific Smiles Group Ltd

Pacific Smiles Group Ltd operates in the healthcare industry, focusing on dental services. The company provides a range of dental care services and operates dental centers, primarily targeting the Australian market.

Average Trading Volume: 2,342

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$352.3M

For an in-depth examination of PSQ stock, go to TipRanks’ Overview page.

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