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    Breaking News

    Osram in Constructive Negotiations with ams

    ams AG submitted a proposal to Osram for a takeover offer of €38.50 per share for all outstanding shares in OSRAM Licht AG.

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    08.15.19
    Osram and ams have held constructive discussions on a Business Combination Agreement and on other topics and will continue to do so. Both parties will continue to carefully assess the details of such an agreement, which is a prerequisite for a takeover by ams. 
     
    The common goal is that ams will be able to start its tender period during the offer period of the existing takeover offer from the financial investors Bain Capital and The Carlyle Group, thus before the end of Sept. 5, 2019. 
     
    Last Sunday, ams AG submitted a proposal to Osram for a takeover offer of €38.50 per share for all outstanding shares in OSRAM Licht AG. The submission of the offer to the relevant Federal Financial Supervisory Authority BaFin, is subject to the condition that Osram waives an existing standstill agreement which currently prohibits ams to acquire Osram shares. The agreement had been concluded when the Austrian sensor and chip specialist gained access to Osram’s books after it had expressed its takeover interest.
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      He will be succeeded by Ingo Bank, who will assume the role of Osram CEO in addition to his role as CFO of ams AG.
      02.24.21

    • Breaking News | Displays and Lighting
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      Printed Electronics Now staff 09.24.20

    • Breaking News | Displays and Lighting
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      LEDs such as the Oslon Compact PL and the Oslon Black Flat S will lead to an increasingly high penetration rate in vehicles, said Florian Fink, marketing mgr.
      Printed Electronics Now staff 09.03.20


    • Breaking News | Displays and Lighting
      Osram Supplies Interior Lighting for Shenzhen World Exhibition Center

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      Printed Electronics Now staff 07.23.20

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      Printed Electronics Now 05.14.20

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