Genesis Capital has played the long game at ASX-listed Pacific Smiles. And it is finally paying off.
Street Talk can reveal Alex Abrahams, the dental chain’s founder and owner of 10.31 per cent, has thrown his weight and considerable influence behind Genesis Capital’s $1.95 per share bid describing its eventual control as “inevitable”.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
