2019-02-14

Osram Confirms the Buyout Rumors and in Discussion with Bain Capital and Carlyle Group

Osram announced a confirmation about the possible buyout by Bain Capital and Carlyle Group and revealed that it is engaged in detailed discussions with the interested parties. After Osram reported its declined business performance in the first quarter of fiscal 2019 and said it has “taken a number of measures to improve revenue and returns,” the Germany company confirmed the market rumors that Bain Capital and Carlyle Group are eyeing the buyout of Osram. In November 2018, Bloomberg reported that the U.S.-based Bain Capital has been considering acquiri...
Continue reading

Sumitomo Chemical is pleased to announce its participation in PCIM Europe 2026, which will be held in Nuremberg, Germany, from Tuesday, June 9 to Thursday, June 11, 2026. Established in 1979, this annual event showcases the latest advancements... READ MORE

  Lighting is stepping out of the background and into the spotlight as Philips Smart Lighting expands its Wi-Fi-based smart lighting portfolio. The new products are designed to help people shape spaces that reflect their mood, personality... READ MORE