The Swiss-listed group on Sunday triggered a bidding war for Osram, saying it was ready to pay $3.8 billion for Osram’s shares, 10% more than finance investors Bain Capital and Carlyle have already offered.
“We plan to hold a shareholder meeting to approve to rights issue in the fourth quarter this year and we expect to close the transaction in the first half 2020,” Alexander Everke said in a conference call.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sensor specialist AMS triggers bidding war for Germany's OsramAustrian sensor specialist AMS triggered a bidding war for Osram on Sunday, sayi... O Byron where art thou?
Source: Reuters - 🏆 2. / 97 Read more »
Apple supplier AMS makes 38.50 euros/share takeover offer for Germany's OsramApple supplier AMS AG said it has made an all-cash takeover offer for German lig...
Source: Reuters - 🏆 2. / 97 Read more »
Apple supplier AMS makes 38.50 euros/share takeover offer for Germany's OsramApple supplier AMS AG said it has made an all-cash takeover offer for German lig...
Source: Reuters - 🏆 2. / 97 Read more »
Sensor specialist AMS triggers bidding war for Germany's OsramAustrian sensor specialist AMS triggered a bidding war for Osram on Sunday, sayi... O Byron where art thou?
Source: Reuters - 🏆 2. / 97 Read more »
Elizabeth Warren Wants To Raise Taxes On Guns And AmmunitionThe Democratic senator and 2020 presidential candidate released a plan aimed at reducing gun deaths by 80%. That’s the answer lol more tax for government 🙄 Everyone blind to Mental Health like they were for CTE....🤑 Typical people think a tax will solve all problems. taxing essentials?
Source: YahooNews - 🏆 380. / 59 Read more »
Felix at the double as Atletico down JuventusRecord signing Joao Felix scored two first-half goals for Atletico Madrid as the...
Source: Reuters - 🏆 2. / 97 Read more »