Osram is likely on Wednesday to waive an agreement that currently prevents AMS f...
) from making a takeover bid for the German lighting group, paving the way for AMS to take on an offer from private equity investors, sources told Reuters.
That is well above the 35.00 euros per share that finance investors Bain Capital and Carlyle Group have offered to pay for the group, but below the 38.50 euros per share Austrian sensor specialist AMS has promised. Osram and AMS reported progress in talks last week after the German group, which has backed the offer from Bain and Carlyle, initially showed reluctance.
“AMS would welcome a waiver of the standstill by Osram,” a spokeswoman for the sensor specialist said. “We remain convinced of the merits of our offer.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Osram to clear way for AMS takeover offer tonight: sourcesOsram is likely to waive an agreement on Wednesday that currently prevents AMS f...
Baca lebih lajut »
Osram to clear way for AMS takeover offer tonight: sourcesOsram is likely to waive an agreement on Wednesday that currently prevents AMS f...
Baca lebih lajut »
Exclusive: WhatsApp in talks to launch mobile payments in Indonesia - sourcesEXCLUSIVE: Facebook's WhatsApp plans to offer payment services in Indonesia - sources by f_potkin
Baca lebih lajut »
Buyout barons play good guy in German lighting M&ABain and Carlyle’s $4 billion Osram bid may be trumped by chipmaker AMS. Trade unions, which sit on the target’s board, are more worried by the latter than the former. While Chairman Peter Bauer may hear out the Austrian suitor, its heavy debt load will be hard to ignore.
Baca lebih lajut »
FYI, Your Kitchen Sponge Might Be Crawling With More Than 300 Different Types Of BacteriaBefore you vom: three easy ways to clean it.
Baca lebih lajut »