Austria’s AMS makes $4.8 billion Osram counter offer, outbidding private equity

September 3, 2019 admin Business News Comments Off on Austria’s AMS makes $4.8 billion Osram counter offer, outbidding private equity

Austrian sensor specialist AMS launched a bid for Germany’s Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer from private equity firms Bain Capital and Carlyle .

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Source:: Reuters – Business News