Australia's Pacific Smiles recommends shareholders to accept Genesis offer

Pacific Smiles

21/11/2024 23:04

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))