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Nano Dimension increases offer price for Stratasys shares
Nano Dimension increases offer price for Stratasys shares
Metal AM
Nano Dimension Ltd., Waltham, Massachusetts, USA, announced on June 10 that it had increased its offer to acquire Stratasys Ltd from $20.05 to $24.00 per share in cash. The increased price was said to represent a premium to all relevant Stratasys historical trading levels, including an 85% premium to the unaffected 60-day volume-weighted average price as of March 3rd, 2023.
The company stated that tendering shares to Nano would deliver 220% more cash to Stratasys shareholders in the near-term than any currently available alternative, including the cash from a proposed 3D Systems, Inc. deal, while preserving the ability to generate future value creation through strategic M&A opportunities.
Read More: metal-am.com/...
Nano Dimension increases offer for Stratasys in revised offer
Nano Dimension Ltd. announced that it had increased its offer to acquire Stratasys Ltd from $20.05 to $24.00 per share in cash.
www.metal-am.com