Osram CEO Sees Ams Takeover Risks -Handelsblatt
December 12 2019 - 2:43AM
Dow Jones News
--Osram Chief Executive Olaf Berlien said in an interview that
he sees risks in the takeover of the lighting-technology company by
sensor maker Ams, reports German newspaper Handelsblatt.
--Mr. Berlien said that his greatest concern was that two "very
different corporate cultures" would hinder a successful integration
of the businesses, according to Handelsblatt.
--Mr. Berlien also admitted that the new business after the
takeover will have a high level of debt, which he hopes will fall
quickly, Handelsblatt reports.
Full story (in German): https://bit.ly/2LIUTD2
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December 12, 2019 02:28 ET (07:28 GMT)
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