Osram Supports Takeover Proposal From Carlyle And Bain

• ann.castro
• July 11, 2019
• 0

The German lighting group, Osram’s managing and supervisory boards disclosed that they are backing a $3.8 Billion takeover proposal from Carlyle and Bain. The firms offered price of about 35 Euros a share. It represents a premium of almost 21% before this approach was made open, Osram proclaimed. Osram, which was seen making the statement…