Edition:
India

Osram Licht Recommends Offer From Bain, Carlyle


Wednesday, 31 Jul 2019 

July 31 (Reuters) - Osram Licht AG ::MANAGING BOARD AND SUPERVISORY BOARD RECOMMEND OFFER FROM BAIN AND CARLYLE.OFFER PRICE OF 35 EUROS PER SHARE IN CASH REPRESENTS AN APPROPRIATE AND FAIR VALUATION OF THE COMPANY.OFFER IS ATTRACTIVE FOR THE COMPANY, ITS EMPLOYEES AND ITS SHAREHOLDERS.