The two investment banks have committed €1.5 billion euros for this purpose. ams intends to offer a price of €38.50 per Osram share in cash. On this basis, Osram is valued at approximately €4.3 billion (enterprise value). In Osram’s preliminary assessment, the financing concept presented appears binding and viable.
On the basis of this preliminary assessment, Osram has decided to enter into negotiations with ams regarding the conclusion of a business combination agreement. In addition to the offer price and financing concept, a stable environment for further transformation into a semiconductor-based high-tech photonics company is important for the Osram Managing Board when assessing the offer. In addition, the Managing Board attaches great importance to appropriate protection commitments for all key stakeholders, in particular the company’s employees.