2019-09-17

Osram Board Support AMS Offer while Union against the Takeover

After AMS confirmed the takeover offer of Osram, the German lighting company is facing internal conflicts regarding the acquisition. The Austrian sensor company published a public takeover offer of EUR 38.50 per share to acquire Osram. The German company announced yesterday (September 16) that its Executive Board and the majority of its Supervisory Board recommended the shareholders to accept the offer from “a financial point of view.” However, employee representatives of Osram oppose the takeover offer with the concern of potential job losses as AMS ...
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