We have ceremics, metal, and electronics machines. and they continued to buy companies with only polymer machines, Nowadays, in order to go into production, companies need AM with metal and ceremics. In a public video message, he argues, “Their technology got older over time . Nano Dimension's CEO Yoav Stern believes the combination of the two companies is a win-win strategy. When it rejected Nano Dimension's initial offer, Stratasys Board says, “ are confident that the Company’s standalone plan will create significantly greater value for its shareholders than the Nano proposal.” The company made its initial offer in mid-March, surprising some industry watchers. Terry Wohlers, Head of Advisory Services and Market Intelligence, Wohlers Associates, said, “If the deal goes through, it could go down as one of the largest and most unexpected acquisitions in the AM industry.” Nano Dimension currently owns approximately 14.5% of outstanding Stratasys shares. ![]() Nano will consider alternative options, including initiating a special tender offer directly to Stratasys shareholders.” Nano Dimension adds, “Should Stratasys’ Board continue to fail to engage in a constructive dialogue by Sunday, April 16th. ![]() ![]() NANO will offer all Stratasys shareholders $20.05 per Stratasys share in cash, reflecting a premium of 41% to the closing trading price as of March 3rd, 2023, and a 51% premium to the 90-day VWAP.” In its letter to the Stratasys board, Nano Dimension writes, “We were disappointed to read through your press release that you rejected our recent proposal dated March 29th, 2023, which offered a 37% premium over your closing share price on March 3rd, 2023, and a 47% premium over the 90-day unaffected VWAP (Volume-Weighted Average Price). After Stratasys Board rejected its unsolicited buyout offer, AM systems maker Nano Dimension issued a new proposal, increasing its offer from the initial $18 per share to $20.
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