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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

38.17EUR
20 Sep 2019
Change (% chg)

€0.72 (+1.92%)
Prev Close
€37.45
Open
€37.44
Day's High
€38.17
Day's Low
€37.32
Volume
1,614,145
Avg. Vol
1,064,220
52-wk High
€41.92
52-wk Low
€24.60

Latest Key Developments (Source: Significant Developments)

AMS: Start Of Acceptance Period Of Takeover Offer For Osram Licht
Tuesday, 3 Sep 2019 

Sept 3 (Reuters) - AMS AG ::ANNOUNCES START OF ACCEPTANCE PERIOD OF TAKEOVER OFFER FOR OSRAM LICHT AG.ACCEPTANCE PERIOD RUNS FOUR WEEKS FROM 3 SEPTEMBER UNTIL 1 OCTOBER 2019.OFFER PRICE OF EUR 38.50 IN CASH PROVIDES UNIQUE OPPORTUNITY TO SECURE HIGH PREMIUM TO RECENT OSRAM TRADING LEVELS.AMS OFFERS A PREMIUM TO OSRAM SHAREHOLDERS OF ADDITIONAL EUR 3.50 PER SHARE COMPARED TO LOWER OFFER BY BAIN CAPITAL AND CARLYLE GROUP.OFFER WILL BECOME UNCONDITIONAL WHEN MINIMUM ACCEPTANCE THRESHOLD OF 70 PERCENT OF ALL OSRAM SHARES IS MET.OSRAM SHAREHOLDERS WHO ALREADY HAVE TENDERED INTO LOWER OFFER FROM BAIN CAPITAL AND CARLYLE GROUP CAN SECURE PREMIUM OFFERED BY AMS BY WITHDRAWING AND RETENDERING THEIR SHARES INTO AMS OFFER.  Full Article

AMS To Launch Takeover Offer At EUR 38.50 Per Osram Share
Thursday, 22 Aug 2019 

Aug 21 (Reuters) - ams AG ::AMS TO LAUNCH TAKEOVER OFFER AT EUR 38.50 PER OSRAM SHARE.AMS AG SAYS OFFER PERIOD IS EXPECTED TO COMMENCE PRIOR TO 5 SEPTEMBER 2019 WHEN OFFER FROM BAIN CAPITAL AND CARLYLE GROUP WOULD HAVE EXPIRED..  Full Article

ams unit Opal Bidco intends to offer a cash consideration in amount of EUR 38.50/Osram Share
Thursday, 22 Aug 2019 

Aug 21 (Reuters) - Ams Ag ::OPAL BIDCO INTENDS TO OFFER A CASH CONSIDERATION IN AMOUNT OF EUR 38.50 PER OSRAM SHARE..OPAL BIDCO AND AMS AG AND OSRAM LICHT AG HAVE ENTERED INTO A COOPERATION AGREEMENT.OSRAM BOARD RELEASED CO FROM STANDSTILL OBLIGATION THAT CO & OSRAM LICHT AG HAD AGREED UPON IN CONFIDENTIALITY AGREEMENT DATED 4 JUNE 2019.  Full Article

Osram Licht Invests In Autonomous Driving AI Start-Up Recogni
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - OSRAM LICHT AG ::INVESTS IN AUTONOMOUS DRIVING AI START-UP RECOGNI.RECOGNI SUCCESSFULLY RAISES ITS FINANCING ROUND WITH A VOLUME OF $25 MILLION.  Full Article

Osram Sees Improvement In Chinese Autos Market
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Osram Licht AG CEO in call::SAYS ON AUTOMOTIVE SECTOR, WE HAVE SEEN IMPROVEMENT OF BUSINESS IN CHINA.  Full Article

German Union IG Metall: We Find AMS Takeover Offer For Osram Unconvincing
Wednesday, 24 Jul 2019 

July 24 (Reuters) - German union IG Metall on AMS takeover offer for Osram::WE FIND THE OFFER UNCONVINCING.WE WILL NOT ALLOW SUCH A HOSTILE APPROACH.  Full Article

Luz C-BC Bidco: Acceptance Period Of Voluntary Takeover Offer For Osram Licht Starts
Monday, 22 Jul 2019 

July 22 (Reuters) - LUZ C-BC BIDCO::ACCEPTANCE PERIOD OF THE VOLUNTARY TAKEOVER OFFER FOR OSRAM LICHT AG COMMENCES.LUZ BIDCO - ACCEPTANCE PERIOD RUNS ALMOST SEVEN WEEKS FROM 22 JULY 2019 TO 5 SEPTEMBER 2019.LUZ BIDCO - OFFER PRICE OF EUR 35.00 PER SHARE IN CASH.  Full Article

AMS says does Not See Sufficient Basis For Continuing Deal Discussions With Osram Licht AG
Tuesday, 16 Jul 2019 

July 15 (Reuters) - ams AG ::EANS-ADHOC: AMS AG / AMS STATEMENT WITH REGARDS TO RECENT PUBLICATION BY OSR ....AMS AG SAYS AMS CONFIRMS THAT IT HAS BEEN ENGAGED IN DISCUSSIONS WITH OSRAM LICHT AG REGARDING A POTENTIAL TRANSACTION.AMS AG - FOLLOWING AN EVALUATION OF RECENT DEVELOPMENTS AMS DOES NOT SEE A SUFFICIENT BASIS FOR CONTINUING THESE DISCUSSIONS WITH OSRAM LICHT AG.  Full Article

Osram CEO Says No Plan B If Minimum Acceptance Threshold For Takeover Is Not Met
Friday, 5 Jul 2019 

July 5 (Reuters) - Osram Licht AG ::OSRAM CEO SAYS THERE IS NO SIGNS THAT THE SUPERVISORY BOARD WANTS CHANGES IN MANAGEMENT BOARD.OSRAM CEO SAYS WE DO NOT HAVE A PLAN B IF MINIMUM ACCEPTANCE THRESHOLD FOR TAKEOVER IS NOT MET.OSRAM CEO SAYS THE LIKELIHOOD OF ANOTHER TAKEOVER OFFER BY A COMPETING BIDDER IS RATHER LOW BECAUSE THERE WAS NONE IN THE LAST MONTHS.  Full Article

Osram Licht Supports Public Takeover Offer From Bain Capital And Carlyle Group
Friday, 5 Jul 2019 

July 4 (Reuters) - Osram Licht AG ::DGAP-NEWS: OSRAM SUPPORTS PUBLIC TAKEOVER OFFER FROM BAIN CAPITAL AND THE CARLYLE GROUP.OSRAM SUPPORTS PUBLIC TAKEOVER OFFER FROM BAIN CAPITAL AND CARLYLE GROUP.MANAGING BOARD AND SUPERVISORY BOARD HAVE DECIDED TO SUPPORT THIS OFFER.VOLUNTARY PUBLIC TAKEOVER OFFER FOR PRICE OF 35 EUROS PER SHARE.INVESTOR AGREEMENT SUPPORTS STRATEGY AND GROWTH.EXTENSIVE COMMITMENTS TO EMPLOYEES AND LOCATIONS.CORPORATE HEADQUARTERS TO REMAIN IN MUNICH; PATENTS AND BRAND SAFEGUARDED.  Full Article

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AMS already has potential buyers for Osram's digital business: CEO

VIENNA AMS already has a list of potential strategic buyers for Osram's digital business it could talk to if it succeeds in purchasing the German lighting group, the chief executive of the Austrian sensor specialist said.