16:09 uur 27-10-2016

GE verhoogt bod op Arcam AB

BOSTON–(BUSINESS WIRE)– GE (NYSE: GE) heeft zijn openbare bod op alle uitstaande aandelen van het Zweedse Arcam AB verhoogd. Daarnaast heeft het bedrijf de acceptatietermijn verlengd tot 10 november 17.00 uur (CET). Dat heeft GE vandaag bekendgemaakt.

GE heeft het bod verhoogd naar 300 Zweedse kroon per aandeel van Arcam. GE zal het bod niet nog verder verhogen. GE heeft de aanvaardingsdrempel verlaagd naar 75 procent.

De raad van bestuur van Arcam blijft de aanvaarding van het bod van GE unaniem steunen.

 

 

GE Enhances Tender Offer for Arcam AB

 

BOSTON–(BUSINESS WIRE)– GE (NYSE: GE) today announced that it has changed the terms of its tender offer for all of the outstanding shares of Arcam AB of Sweden, and has extended the acceptance period through 5 p.m. CET on November 10.

GE has increased the offer price for each Arcam share to 300 SEK. GE will not further increase the price of the offer. GE has also reduced the minimum acceptance threshold to 75%.

The Arcam board of directors continues to unanimously recommend that Arcam’s shareholders accept GE’s offer.

“We have taken further steps to pursue Arcam ownership as we advance our additive strategy,” said David Joyce, GE vice chairman and president and CEO of GE Aviation. “We are delighted to achieve the strategic cornerstone in our additive strategy by announcing today our acquisition of Concept Laser. The Arcam offer is a next step in our strategy. We have become the partner of choice in the additive space and are receiving numerous requests for alternative ways to accelerate our strategy.”

As a leading end user of additive today, GE is committed to driving the additive revolution by providing world-class equipment and technologies to customers across several industries.

Contacts

GE Aviation
Media Contact:
Rick Kennedy
+1.513.607.0609
rick.l.kennedy@ge.com
or
Inve stor Contract:
Matt Cribbins
+1.617.443.3003

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