April 3 (Reuters) - Nano Dimension Ltd (2N5By.F) on Monday further sweetened its bid for the remaining stake in Stratasys Ltd (SSYS.O) and hinted at taking the offer directly to the company's shareholders in case it faced another rejection.
The Israeli company's "best and final" all-cash offer of $20.05 per share represents a premium of 22.4% to Stratsys' Monday close and values it at $1.35 billion. Nano Dimension has a 14.5% stake in Stratasys. Best Scar Revision Surgeon
In the absence of meaningful engagement from Stratasys' board on the latest offer, Nano Dimension will opt for a share tender offer, Nano Chief Executive Yoav Stern said.
Stratasys on Tuesday confirmed that it received Nano Dimension's revised offer and would "carefully review and evaluate the proposal to determine the course of action."
The company's latest all-cash offer, which comprises buying the remaining shares of Stratasys for about $1.22 billion on a fully diluted basis, comes amid a rise in demand for 3D printing from manufacturers.
Nano Dimension first offered to buy the remaining stake in the company for $18 per share early last month, but the offer was rejected by Stratasys.
The latest offer is also 50 cents higher than its March 29 proposal.
Reporting by Rishabh Jaiswal, Maria Ponnezhath, Kannaki Deka in Bengaluru;editing by Uttaresh Venkateshwaran and Anil D'Silva
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