Osram advises investors to accept $4.8 billion offer from AMS - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Osram advises investors to accept $4.8 billion offer from AMS via SABCNewsOnline

AMS launched its 38.50 euro per share offer for the company earlier this month, beating a rival offer from private equity investors Bain Capital and Carlyle Group by 10%.

Osram had initially backed the finance investors’ offer, who had agreed to maintain Osram as an independent company with its current management and to support its strategic direction. AMS, best known for supplying Apple with sensors for its latest iPhones, wants to focus a combined business strongly on the auto industry and supply manufacturers with sensors and lighting solutions for self-driving cars.“Based on extensive interaction with investors in Europe, the US and Asia, AMS sees strong support for its strategic vision including Osram, which is reinforcing AMS’ conviction for the offer,” the Austrian group said.

Osram’s supervisory board decision to recommend AMS’s offer was not unanimous. Employee representatives fear that AMS could break up the company. Osram’s management and supervisory board are worried about the long-term business prospects.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 32. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Treasury mum on SABC bailout - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Treasury has declined to comment on reports in a Sunday newspaper regarding the anticipated R3.2 billion bailout for the SABC - saying the Department of Communications was better placed as a stakeholder Department to discuss in the matter.
Herkunft: SABC News Online - 🏆 32. / 51 Weiterlesen »

#MenWhoCare march against GBV - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.MenWhoCare march against GBV Under the hashtag, MenWhoCare, hundreds of men have gathered in the Free State to protest against gender-based violence (GBV).
Herkunft: SABC News Online - 🏆 32. / 51 Weiterlesen »

Tropical Storm Humberto lashes Bahamas - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Tropical Storm Humberto lashed already devastated parts of the Bahamas with heavy rain and strong winds before crawling northwest on Saturday, and forecasters said it was likely to become a hurricane before the end of the weekend.
Herkunft: SABC News Online - 🏆 32. / 51 Weiterlesen »

Mantashe to visit Hlongwa's family - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Mineral Resources and Energy minister, Gwede Mantashe is expected to visit the family home of deputy minister in his department, Bavelile Hlongwa.
Herkunft: SABC News Online - 🏆 32. / 51 Weiterlesen »

Comet an 'interstellar visitor' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A newly discovered comet hurtling toward the orbit of Mars has scientists scurrying to confirm whether it came from outside the solar system, a likely prospect that would make it the second such interstellar object observed in our planetary neighborhood.
Herkunft: SABC News Online - 🏆 32. / 51 Weiterlesen »