2020-09-23

Osram and AMS Sign Domination and Profit and Loss Transfer Agreement, Getting Closer to Case Close

The deal of Austria sensor company buying Osram is moving one more step forward as Osram announced that it has agreed with ams on the conclusion of a domination and profit and loss transfer agreement. In this regard, the Managing Board and the Supervisory Board of Osram adopted resolutions to sign the agreement with ams Offer GmbH and to convene an Extraordinary General Meeting for November 3, 2020 in which, inter alia, a resolution is to be tabled to approve Osram’s entry into the agreement. Base on the agreement, minority shareholders of Osram will receive an...
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