Learn more

Pacific Smiles Group (ASX:PSQ) has confirmed 10% shareholder HBF – the private health insurer – will vote in favour of PSQ’s buyout by NDC BidCo. The deal has already been confirmed, somewhat, with NDC and PSQ teaming up to agree on a $1.90 per share bid back in May. Today’s confirmation is a further cementing of the stones towards that outcome. Holding a 10.03% exactly, PSQ said on Monday it had been advised by HBF the insurer would be voting yes. The company flagged on Monday no superior proposal above $1.90/ps has emerged. “Pacific Smiles Directors continue to recommend that shareholders vo…

cuu