Pacific Smiles Group Ltd (AU:PSQ) has released an update.
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Beam Dental Bidco Pty Limited has increased its stake in Pacific Smiles Group Ltd to 77.16%, acquiring significant shares through an off-market takeover bid and on-market purchases. This strategic move highlights Beam Bidco’s aggressive expansion in the healthcare sector, making it a key player in Pacific Smiles’ operations. Investors in the stock market may find the substantial increase in ownership of interest, involving associates like GFT2 and Genesis Capital Fund, a development worth monitoring.
For further insights into AU:PSQ stock, check out TipRanks’ Stock Analysis page.
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