Edition:
India

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.