Not a completed acquisition yet, but this unsolicited bid from 3D systems for Stratasys is sure to shake things up in the additive in healthcare space.
Website - 3D Systems
Website - Stratasys
3D SYSTEMS’ MAKES TAKEOVER BID FOR STRATASYS: A COMPARISON WITH NANO DIMENSION’S OFFER (3DPrintingIndustry)
In a recent development, 3D Systems Corporation (NYSE: DDD) has proposed an unsolicited bid to acquire Stratasys, a leader in the 3D printing industry. The indicative proposal is a combination of cash and stock – $7.50 in cash and 1.2507 newly issued shares of common stock of 3D Systems per ordinary share of Stratasys.
Considering the current price of 3D Systems shares at $8.33, the value of the offer per share stands at approximately $17.91 per share. Given Stratasys’ outstanding shares, which total 68.40 million, the complete value of the deal amounts to approximately $1.225 billion.
However, if the 3D Systems share price climbs to $10, the dynamics change significantly. The value per share would increase to roughly $20.01, pushing the total deal value to approximately $1.367 billion.
This proposal comes on the heels of another prominent offer for Stratasys. Nano Dimension proposed a...
