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United Kingdom

Kirsti Knolle

AMS launches new Osram bid, courts investors with concessions

07 Nov 2019

VIENNA AMS launched a renewed $5 billion (£3.9 billion) takeover bid for Osram on Thursday, hoping its latest offer would convince investors with a lower acceptance rate and concessions to the German lighting group's management and trade unions.

AMS posts third-quarter revenue jump, sees strong demand from Apple, others

22 Oct 2019

VIENNA Apple supplier AMS beat expectations with a 41% jump in third-quarter revenue on Tuesday and forecast further strong demand for its optical sensors from smartphone makers as it takes aim at a takeover of German lighting maker Osram .

AMS plans new Osram offer: Same price, lower acceptance rate

18 Oct 2019

VIENNA Austria's AMS plans to launch a new takeover bid for German lighting group Osram at the same price but lowering the acceptance rate to 55%, to make its vision of becoming a global leader in sensors and lights come true.

Phase-out of Airbus, Boeing jets hits FACC's operating profit

15 Oct 2019

VIENNA Plane parts maker FACC's operating profit fell 6% in the second quarter as it produced fewer components for the Airbus A380 and Boeing 737NG jets being phased out and start-up costs for new cabin interiors bit.

What next after AMS' failed $4.9 billion bid for Osram?

07 Oct 2019

VIENNA Austrian sensor specialist AMS has pledged to find another way to take over Germany's Osram to form a global leader in sensors and lighting, after its $4.9 billion (3.98 billion pounds) bid for the larger firm fell through on Friday.

What next after AMS' failed $4.9 billion bid for Osram?

07 Oct 2019

VIENNA Austrian sensor specialist AMS has pledged to find another way to take over Germany's Osram to form a global leader in sensors and lighting, after its $4.9 billion bid for the larger firm fell through on Friday.

Austria's AMS fails in its Osram takeover attempt but won't give up

04 Oct 2019

VIENNA Austria's AMS failed in its 4.5 billion euro (£4.01 billion) takeover attempt of Osram but said it would still explore strategic options to pursue an acquisition of the German lighting group.

ECB needs 'intense discussion' on policy, Germany's Weidman says

01 Oct 2019

VIENNA The European Central Bank needs an "intense discussion" among policymakers on key decisions if it is to avoid pitfalls such as giving the impression that it is bankrolling governments, the head of the Germany's Bundesbank said on Tuesday.

Austria's Kurz eyes economic growth after vote triumph

30 Sep 2019

VIENNA Austrian conservative leader Sebastian Kurz basked in election victory on Monday, his People's Party (OVP) strengthened by a parliamentary contest that punished the scandal-hit far right, although tough talks lie ahead on forming a ruling coalition.

Election triumph hands Austria's Kurz range of coalition options

29 Sep 2019

VIENNA Austrian conservative leader Sebastian Kurz triumphed in Sunday's parliamentary election while the scandal-tainted far right took a beating and the Greens surged, leaving Kurz the option of forming a coalition with either of them. | Video

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