Pacific Current Group (ASX:PAC) envisions FY24 as a pivotal year for the corporation.

Management at Pacific Current Group (ASX:PAC) indeed see FY24 as being a significant year for the company.

Following the close of the fiscal year, two unidentified firms have publicly declared their intention of acquiring the company.

The firm projects a record year for revenues and profits in FY24.

Pacific Current Group (ASX:PAC) board also reported having received an unsolicited proposal from Regal Partners to buy Pacific Current Group (ASX:PAC) for a consideration of A$10.77 per share.

The proposed payment for the company’s shareholders consists of 75% in cash and 25% in GQG stock.

On July 27, one of Pacific Current’s portfolio companies, GQG Partners, stated its intention to make a bid as well.

The company anticipates making more announcements regarding this matter in September.

Pacific Current Group (ASX:PAC) is an investment firm with a diverse portfolio of companies.