German Government Puts Chinese Consortium Acquisition of Osram’s LEDVANCE on Hold - Energy Watch News


German Government Puts Chinese Consortium Acquisition of Osram’s LEDVANCE on Hold

German magazine WirtschaftsWoche recently reported that IDG and lighting partner Forest Lighting (also known as MLS) proposed acquisition of Osram for US $439.58 million has been delayed over financial issues. According to the magazine this could delay the business transaction for another three to four months before it would be cleared by German authorities. http://www.reuters.com/article/us-osram-licht-m-a-idUSKCN12R1PW

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