Arcam AB (publ) logo

ARCM BTA - Arcam AB (publ) News Story

SEK295 0.0  0.0%

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 / 1830

GE to increase stake in Sweden's Arcam to more than 90 pct

Wed 27th December, 2017 9:59am
Dec 27 (Reuters) - General Electric Co  GE.N  said on 
Wednesday it will increase its stake in Swedish 3D printer maker 
Arcam AB  ARCM.ST  to more than 90 percent from 77 percent. 
    GE said it will buy Arcam's outstanding shares that are 
owned by Elliott Management and Polygon Investment Group for 345 
Swedish crowns ($41.44) per share. 
    GE, which bought a controlling stake in Arcam in late 2016, 
said on Wednesday it plans to request Arcam to delist its shares 
on the Nasdaq Stockholm exchange.  urn:newsml:reuters.com:*:nBw33cPn3a 
 
($1 = 8.3276 Swedish crowns) 
     
 
 (Reporting by Philip George in Bengaluru; Editing by Sayantani 
Ghosh) 
 ((P.George@thomsonreuters.com; within U.S. +1 646 223 8780, 
outside U.S. +91 80 6749 1609; Reuters Messaging: 
p.george@thomsonreuters.net)) 
 
Keywords: GE 3DPRINTING/SWEDEN
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.