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AMS sparks bidding war for Osram

Monday, August 12, 2019 - 01:11

Shares in Osram jumped after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion). Francis Maguire reports.

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Shares in Osram jumped after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion). Francis Maguire reports.

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AMS sparks bidding war for Osram

Monday, August 12, 2019 - 01:11