German $4 bln lighting bid is radiant enough

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German $4 bln lighting bid is radiant enough
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German $4 bln lighting bid is radiant enough LiamWardProud

German lighting group Osram Licht on July 3 confirmed news reports that it had received a binding takeover offer from private equity groups Bain Capital and Carlyle Group. The company said the bid was worth 35 euros per share, which would value its equity at about 3.

4 billion euros.
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