By ET Bureau - June 05, 2023 1 Mins Read
Stratasys Ltd announced on Thursday that it got an unsolicited buyout proposal from rival 3D Systems Corp evaluating the industrial 3D printer at about USD 1.21 billion.
The proposal received by Stratasys from 3D Systems’ can potentially trigger bidding warfare for the company. It has declined multiple acquisition offers from shareholder Nano Dimension Ltd as it explores merging with Desktop Metal Inc. in a USD 1.8 billion stock deal.
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