2019-09-26
Osram announced on September 25 that “the courtship” of the company continues as Bain Capitan and its new partner, Advent, are in talk with Osram with its willingness to make a new takeover for the German high tech company, confronting sensor maker AMS.
According to Osram, the consortium of Advent and Bain Capital has indicated that “it may offer a ‘meaningful’ premium over the current offer from AMS of EUR 38.50 (US$42.14) per share.” The new bidders also said that their binding offer will be superior not only in terms of price ...
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2019-07-05
Soon after Osram’s announcement of the bidding offer from Bain Capital and the Carlyle Group, the German company said that it will support the public takeover offer.
On July 4th, Osram announced that its Managing Board and Supervisory Board decided to support the legally binding transaction offer for the public takeover of all the shares of Osram by Bain Capital and the Carlyle Group. Osram and the consortium have also concluded an investor agreement that includes comprehensive commitments.
“Bain and Carlyle are the right partners for Osram at the rig...
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