Report
Stephane Houri

AMS AG : ams confirms talks with OSRAM, then says it ended them…

>ams made an offer for OSRAM at € 38.5 per share, then announced overnight that it was ending the talks - OSRAM Licht AG announced yesterday evening that it had been approached by ams to discuss a non-binding offer of € 38.50 per share to acquire the company. OSRAM added that ams said that it could fund its offer thanks to a € 4.2bn bridging loan. OSRAM had announced in early July that it supports the € 35 per share offer presented by Bain Capital and Carlyle, i.e. € ...
Underlying
Ams AG

AMS provides advanced sensor and analog solutions for high value and emerging markets. Co.'s markets include Consumer and Communications and Industrial, Medical, Automotive. Co. delivers a broad range of innovative technology solutions for consumer electronics and communication device manufacturers including intelligent light sensors, MEMS microphone ICs, NFC solutions, active noise-cancelling ICs and ultra-low power management solutions. Co. offers customized, application-specific integrated circuits and standard solutions for a broad range of industrial applications including automation and control, position sensors, building automation, security and high-resolution seismic analysis.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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