FRANKFURT—General Electric Co. said on Thursday it would pay $599 million for a 75% stake in Concept Laser GmbH, after its plan to acquire another German 3-D printing company fell through earlier this week. GE also said it had increased its offer price for Sweden’s Arcam AB, another company active in so-called additive-manufacturing technology, to 300 Swedish kronor a share, up from 285 kronor, valuing the company at about $700 million. GE, which announced its bid for Arcam in September, also lowered the minimum...
Source: Wall Street Journal October 27, 2016 08:02 UTC