Ams Starts Additional Acceptance Period for Osram Shares

Date : 12/11/2019 @ 9:52AM
Source : Dow Jones News
Stock : Osram Licht AG (OSR)
Quote : 45.5  0.05 (0.11%) @ 2:02PM

Ams Starts Additional Acceptance Period for Osram Shares

Osram Licht (XE:OSR)
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   By Kim Richters 
 

Ams AG (AMS.EB) said Wednesday that the additional acceptance period of its takeover offer for Osram Licht AG (OSR.XE) started and will run until Dec. 24.

The Austrian sensor maker has achieved an shareholder acceptance level of 59.3% during the main offer period for the German lighting manufacturer, exceeding the minimum level of 55%.

Ams is offering 41 euros ($45.42) per share.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

December 11, 2019 04:37 ET (09:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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