Austrian sensor specialist AMS aims to wrap up its planned takeover of German li...
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.
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