Bain, Carlyle to buy Osram in $3.8 billion deal

(Update includes minimum acceptance threshold, offer period) Osram Licht AG (OSR.XE) said Thursday night that it supports the multibillion-euro takeover offer from U.S. private-equity firms Bain Capital LLC and Carlyle Group LP CG. The two investors made a public takeover offer of 35 euros ($39.50) a share the previous day, representing an equity value of around EUR3.4 billion and an enterprise value of around EUR4 billion, the German lighting manufacturer said.

from MarketWatch.com - Financial Services Industry News https://ift.tt/2RVGZj2
via IFTTT

Kommentare

Beliebte Posts aus diesem Blog

Kelley Blue Book: What is the Mercedes-Benz EQB?

This is the German automaker's all-electric version of the popular compact GLB SUV. from MarketWatch.com - Top Stories https://ift.tt/3zuLGnP via IFTTT

Tax Loophole Found for Home-Equity Loan Interest

Homeowners may still qualify for a tax break on their home-equity loan interest thanks to a loophole in the recent Tax Cuts and Jobs Act. from rss_headline https://ift.tt/2SZ3e6R via IFTTT

MarketWatch First Take: Big Tech painted as the railroad barons of the digital age in antitrust hearing

For the most part — if you could tune out the political grandstanding that had nothing to do with antirust — the Congressional hearing on Big Tech gave many pointed examples of how four of the biggest tech companies in the U.S. abuse their dominant power and thwart competition. from MarketWatch.com - Top Stories https://ift.tt/2XbPKcx via IFTTT

Finance

Dieses Blog durchsuchen