Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-off...
Osram shares gained as much as 2.3% but did not rise above 37.20 euros. Shares in Swiss-listed AMS rose 1.9%, still 10 Swiss francs below the closing price before it detailed its takeover plans last month.
Osram, whose lightbulbs were once ubiquitous in European homes, got into difficulties with a strategy to reinvent itself as a high-tech photonics company that included several acquisitions and a billion-euro investment in Asia.
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