Following completion of its acquisition of additive manufacturing company Arcam, GE has been registered as shareholders in the share register of Arcam of the acquired shares and holds around 95% of the shares and votes in Arcam, the company says. GE has reportedly informed Arcam’s board of directors that GE will call for a compulsory redemption of the remaining shares in Arcam.
Considering the above, Arcam’s board of directors have made the assessment that the circumstances for a well functional and satisfactory trading in the company's shares no longer exist. Accordingly, the board of directors of Arcam has applied for de-listing of the company's shares from Nasdaq Stockholm. Nasdaq Stockholm has approved the application and resolved that the last day of trading in the Arcam share will be 26 January 2018.
This story is reprinted from material from the board of Arcam, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.