Australia's Pacific Smiles recommends shareholders to accept Genesis offer

Reuters

2024-11-22

Australia's Pacific Smiles recommends shareholders to accept Genesis offer

Nov 22 (Reuters) - Australia's Pacific Smiles PSQ.AX said on Friday it has recommended its shareholders to accept Genesis Capital's A$316.4 million ($206.01 million) "best and final" cash offer, with multiple stakeholders supportive of the bid.

($1 = 1.5359 Australian dollars)

(Reporting by Archishma Iyer in Bengaluru; Editing by Alan Barona)

((Archishma.Iyer@thomsonreuters.com))

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