Australia's Pacific Smiles recommends shareholders to accept Genesis offer

Reuters
22 Nov 2024
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10