ARCM.ST - Arcam AB

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  • GE raises stake in Sweden's Arcam by buying shares from hedge funds
    Reuters10 months ago

    GE raises stake in Sweden's Arcam by buying shares from hedge funds

    GE said it would buy Elliott Management and Polygon Investment Group's outstanding shares for 345 Swedish crowns ($41.44) each. GE also said it planned to acquire all remaining shares of Arcam in a compulsory buyout procedure and to request that the company delist its shares from the Nasdaq Stockholm exchange.

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