Flexible Electronics News

Osram Receives Indicative Offer from Advent and Bain Capital

May offer ‘meaningful’ premium over ams offer in prospective deal, with commitments for employees.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A consortium comprising of Advent and Bain Capital has indicated it is willing to make a new takeover offer for all outstanding shares of OSRAM Licht AG. In the coming weeks, the consortium intends to conduct confirmatory due diligence before deciding on a binding offer. In its letter to the Managing Board of Osram, the consortium has indicated it may offer a “meaningful” premium over the current offer from ams AG of €38.50 per share. The potential bidders have also indicated that they are wo...

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