Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. OSRAM Licht AG
  6. News
  7. Summary
    OSR   DE000LED4000

OSRAM LICHT AG

(OSR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Exclusive: AMS to get EU green light for 4.6 billion euro Osram bid - sources

06/26/2020 | 10:45am EDT
General view of the headquarters of German lighting manufacturer Osram in Munich

By Foo Yun Chee

Austrian sensor producer AMS is poised to get the go-ahead from the European Union for its acquisition of German lighting group Osram, three people familiar with the matter said on Friday.

Osram is a leading maker of car headlights with close ties to carmakers and AMS hopes to combine that with its expertise in sensors to develop packaged solutions for self-driving cars.

AMS supplies Apple with sensors for its iPhones and the Osram acquisition, its largest ever, will also help it reduce its dependence on the U.S. firm, its biggest customer.

EU competition enforcers do not see any concerns as the two companies have few overlapping businesses and the merger is expected to get unconditional antitrust clearance, the people said.

The European Commission, which is scheduled to decide on the deal by July 6, declined to comment. AMS was not immediately available for comment.

(Reporting by Foo Yun Chee, additional reporting by Kirsti Knolle in Vienna; editing by Louise Heavens and Philippa Fletcher)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMS AG -0.83% 17.33 Delayed Quote.-9.74%
APPLE INC. 0.15% 145.86 Delayed Quote.9.93%
OSRAM LICHT AG 0.57% 53.3 End-of-day quote.2.42%
All news about OSRAM LICHT AG
01:56aAms Swung to 2Q Loss on Impairment Charge
DJ
01:01aDGAP-ADHOC : ams AG: ams OSRAM reports second quarter group results well above m..
DJ
07/19INSIDER TRENDS : Mimecast Insider Continues 90-Day Selling Trend
MT
07/08INSIDER TRENDS : Mimecast Insider Extends 90-Day Selling Trend
MT
07/01PRESS RELEASE : ams AG: ams OSRAM announces the close of the sale of the North A..
DJ
06/30OSRAM LICHT AG(XTRA : OSR) dropped from Germany SDAX (Total Return) Index
CI
06/30OSRAM LICHT AG(XTRA : OSR) dropped from S&P Global BMI Index
CI
06/28Atoss Software to Join Germany's SDAX Index
DJ
06/28OSRAM LICHT AG(XTRA : OSR) dropped from FTSE All-World Index
CI
06/23AMS : Boosts Osram Licht Stake To 80% In Delisting Offer
MT
More news
Financials
Sales 2020 3 039 M 3 607 M 3 607 M
Net income 2020 -189 M -224 M -224 M
Net Debt 2020 523 M 621 M 621 M
P/E ratio 2020 -25,3x
Yield 2020 -
Capitalization 5 020 M 5 955 M 5 958 M
EV / Sales 2019 1,19x
EV / Sales 2020 1,75x
Nbr of Employees 21 400
Free-Float 12,7%
Chart OSRAM LICHT AG
Duration : Period :
OSRAM Licht AG Technical Analysis Chart | OSR | DE000LED4000 | MarketScreener
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Last Close Price 53,30 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Ingo Bank Chief Executive Officer
Thomas Stockmeier Chairman-Supervisory Board
Francisus Hermanus Lakerveld Independent Member-Supervisory Board
Thomas Wetzel Independent Member-Supervisory Board
Frau Ulrike B. Salb Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
OSRAM LICHT AG2.42%5 968
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED56.76%200 857
KEYENCE CORPORATION4.72%128 416
SCHNEIDER ELECTRIC SE19.44%91 789
NIDEC CORPORATION-5.70%66 299
EATON CORPORATION PLC31.27%62 847