Finance - TCT (Page 22)

3D Systems issues update to shareholders on its proposal to acquire Stratasys

3D Systems has provided an update to its shareholders regarding its proposal to combine with Stratasys in a cash and stock merger that would convert each Stratasys share into 7.50 USD in cash and 1.2507 newly issued shares of 3D Systems common stock.

By Oliver Johnson

/ 20 Jun 2023

3D Systems issues update to shareholders on its proposal to acquire Stratasys

Replique spins out from BASF Chemovator business incubator

Digital manufacturing firm Replique has become the fifth company to spin out from BASF’s Chemovator business incubator after closing a late seed round.

By Sam Davies

/ 15 Jun 2023

Elementum 3D appoints Vivek Pathak as new Chief Financial Officer

Elementum 3D, a developer and supplier of metal additive manufacturing materials, print parameters, and services, has named Vivek Pathak as its Chief Financial Officer (CFO). Pathak has over 30 years of experience in financial leadership positions.

By Oliver Johnson

/ 15 Jun 2023

Nano Dimension reaffirms all-cash tender offer for Stratasys; describes Desktop Metal merger as ‘value destroying’

Nano Dimension has reinforced its plan to deliver long-term value to Stratasys shareholders, including the 18.00 USD per share special tender offer that it says will provide ‘certain, near-term premium and all-cash value’ to Stratasys shareholders.

By Oliver Johnson

/ 14 Jun 2023

Nano Dimension reaffirms all-cash tender offer for Stratasys; describes Desktop Metal merger as ‘value destroying’

3D Systems makes Stratasys takeover attempt

Stratasys confirmed the receipt of an ‘unsolicited’ proposal from 3D Systems on June 1. On June 2, 3D Systems released a statement confirming the submission, noting it had offered a 'superior proposal' to acquire Stratasys.

By Oliver Johnson

/ 2 Jun 2023

Interview: Stratasys CEO Yoav Zeif details the strategy behind Desktop Metal merger

Stratasys CEO Yoav Zeif tells TCT how the Desktop Metal merger fits his strategy, and also addresses the company's prior metal additive manufacturing activity.

By Sam Davies

/ 1 Jun 2023

Desktop Metal adopts shareholder rights plan to ‘maximise value’ in deal with Stratasys

As referenced in the announcement about Stratasys and Desktop Metal entering into an agreement to merge and create a combined company, Desktop Metal has adopted a limited duration shareholder rights plan effective from May 26, 2023.

By Oliver Johnson

/ 30 May 2023

Stratasys board unanimously rejects partial tender offer from Nano Dimension

Stratasys has announced that its Board of Directors has unanimously determined that the partial tender offer by Nano Dimension to acquire ordinary shares of Stratasys for 18.00 USD per share in cash 'substantially undervalues the company and is....

By Oliver Johnson

/ 30 May 2023

7 things we learned from Stratasys & Desktop Metal’s Joint Transaction Investors Call

A round-up of what was discussed by Stratasys and Desktop Metal on an investors call arranged after the companies announced a deal to merge.

By Sam Davies

/ 25 May 2023

Nano Dimension commences special tender offer for Stratasys takeover as Desktop Metal business combination announcement

Nano Dimension has commenced an all-cash special tender offer to purchase between 38.8% and 40.8% of the outstanding shares of Stratasys for 18.00 USD per share in cash.

By Sam Davies

/ 25 May 2023

Stratasys & Desktop Metal: What we know so far

We take an early look at the $1.8 billion merger between Stratasys and Desktop Metal.

By Sam Davies

/ 25 May 2023

Stratasys and Desktop Metal to merge in deal worth $1.8 billion

Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around 1.8 billion USD

By Oliver Johnson

/ 25 May 2023