FAIRFIELD (dpa-AFX) - GE Sweden Holdings AB, an indirectly subsidiary of General Electric Company, said the Austrian Competition Authority has cleared the company's proposed transaction to acquire Arcam. The completion of the offer is no longer conditional upon any regulatory, governmental or similar clearances.
The acceptance period of the offer is scheduled to expire on October 14, 2016. Subject to the offer being declared unconditional no later than on or around October 19, 2016, the preliminary date for settlement is expected to be October 24, 2016.
Copyright RTT News/dpa-AFX