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GE's Bid for SLM Solutions
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Overview
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General Electric's subsidiary, GE Germany Holdings AG, attempted to acquire SLM Solutions Group AG with a EUR 38.00 per share offer, valuing the equity at EUR 683.3 million, but fell short of the 75% minimum acceptance threshold. SLM Solutions is known for its metal-based 3D-additive manufacturing technology, specializing in selective laser melting systems across industries.
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How might the failed acquisition impact the future strategies of General Electric in the additive manufacturing market?
In what ways could this acquisition attempt influence competition and innovation in the 3D-additive manufacturing sector?
What factors could have contributed to SLM Solutions Group falling short of the 75% acceptance threshold for the takeover offer?
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