AMS Failed with Takeover of Osram - Energy Watch News

AMS Failed with Takeover of Osram

The Austrian sensor manufacturer AMS has missed its self-imposed target to bring 62.5 percent of Osram shares under his control, as the company announced. AMS chief executive Alexander Everke only brought the owners of slightly more than half of the Osram shares on his side, who accepted the offer of 41 euros per share. The Osram share subsequently slid off in off-exchange trading immediately. However, AMS does not want to give up its plans: “Our vision with Osram is to create a global leader in sensor solutions and photonics based on European technology, ensuring that Europe maintains its world-leading position in optical technologies,” said the manager. But Osram would prefer to remain independent.

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