Flexible Electronics News

Osram Receives New Takeover Bid from ams

New offer values Osram at €4.6 billion.

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By: Anthony Locicero

Copy editor, New York Post

The Austrian sensor maker ams is submitting a new offer for Osram. According to the announcement, ams AG intends to make a voluntary public takeover offer to Osram shareholders for €41 per share for all shares of OSRAM Licht AG. The minimum acceptance threshold is to be 55%. On this basis, Osram will be valued at around €4.6 billion  (enterprise value). “Over the past few days, we have had constructive discussions with ams about the conditions for a new takeover bid. The Managing Board welco...

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