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AMS says looking forward to discussions with Osram

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Christian Fernsby |
Acquisition   AMS AG

AMS said it took note of Osram’s willingness to discuss a takeover and was looking forward to discussions.

Topics: AMS Osram

The Austrian company said on Sunday it was ready to make a cash offer valuing German lighting company Osram at 4.3 billion euros ($4.8 billion), 10% more than Bain Capital and Carlyle have offered.

“We have taken note of Osram’s ad-hoc announcement,” a spokeswoman said, adding that AMS was looking forward to the opportunity to hold discussion.

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