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ARCM BTA - Arcam AB (publ) News Story

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Last Trade - 14/11/17

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £66.6m
Position in Universe th / 1828

GE makes $685 bid for Swedish 3D printer firm Arcam

Tue 6th September, 2016 7:33am
STOCKHOLM, Sept 6 (Reuters) - General Electric's  GE.N  
Swedish unit made a $685 million bid for Sweden's Arcam 
 ARCM.ST  on Tuesday to boost its footprint within 3D printing. 
    GE Sweden Holdings AB said on Tuesday it had offered 285 
Swedish crowns per share for Arcam, valuing the company at 5.86 
billion Swedish crowns ($684.6 million). 
    The offer represents a premium of around 53 percent relative 
to Arcam's closing price on Monday. 
    GE Aviation is one if Arcam's largest customers. 
    Separately GE's German business made a bid for Arcam's 
German competitor SLM Solutions  AM3D.DE   urn:newsml:reuters.com:*:nFWN1BI044 
($1 = 8.5556 Swedish crowns) 
 
 
($1 = 8.5535 Swedish crowns) 
 
 (By Oskar von Bahr; Editing by Simon Johnson) 
 ((oskar.vonbahr@thomsonreuters.com; +46 8 700 11 46; Reuters 
Messaging: oskar.vonbahr.thomsonreuters.com@reuters.net)) 
 
Keywords: ARCAM M&A/GE
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