FRANKFURT Feb 8 German lighting group Osram
is confident the sale of its traditional Lamps
business to a consortium of Chinese buyers will go through as
planned this year, Chief Financial Officer Ingo Bank told CNBC
television on Wednesday.
The 400 million-euro ($427 million) deal is still awaiting
approval from the U.S. Committee on Foreign Investment in the
United States (CFIUS) - which blocked Philips' planned
sale of its lighting-components unit to Asian buyers last year.
Asked whether he feared the new U.S. administration of
Donald Trump, with its protectionist policies, may complicate
the planned sale, Bank said: "We have no indication that that
will be the case."
"We still strongly believe this deal will go through."
($1 = 0.9377 euros)
(Reporting by Georgina Prodhan; Editing by Harro ten Wolde)