1. Elliott Hikes Stake in German 3D Printer SLM Solutions to 29 Percent

    Elliott Hikes Stake in German 3D Printer SLM Solutions to 29 Percent

    FRANKFURT (Reuters) - Activist investor Elliott has hiked its stake in German 3D printing firm SLM Solutions to 29.8 percent and is bringing in new supervisory board members following a series of profit warnings and a slump in the company's share price. SLM said in a statement on Thursday that Elliott would acquire all new shares from a capital increase, priced at 7.23 euros (£6.2) a share. SLM said it would reap 13 million euros in proceeds from the deal...

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