Street View: Brokerages downgrade dentalcorp on GTCR's $1.6 billion take-private deal

dentalcorp Holdings

29/09/2025 15:57

** dentalcorp Holdings DNTL.TO said on Friday it has agreed to be acquired by American private equity firm GTCR in a C$2.2 billion ($1.58 billion) take-private deal

** At least four brokerages downgrade

** Median PT of 10 analysts covering the stock is C$11; average analyst rating is 'buy' - data compiled by LSEG

FAIR VALUE PRICE FAVOURABLE FOR SHAREHOLDERS

** BMO ("Market Perform", PT: C$11) says the price more accurately reflects fair value and the implied valuation looks reasonable

** CIBC ("Tender", PT: C$11) says with the level of committed shareholder support and the takeout premium, the likelihood of a competing bid is seen to be low

** ATB Capital Markets ("Tender", PT: C$11) says the deal offers cash upfront, fair terms and strategic benefits and shareholders will likely support it, especially with flexible options for dentist partners

** TD Cowen ("Sell", PT: C$11) says while the likelihood of a superior bid is reduced, advises investors should tender to the offer

($1 = 1.3925 Canadian dollars)

 (Reporting by Anuj T in Bengaluru)

 ((anuj.t@thomsonreuters.com))