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.
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 .
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.
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.
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.
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.
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.
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.
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.
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