The proposal was approved: the stock of OSRAM reached two figures: Bain would have taken over the acquisition | message



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The company Bain Capital has launched a public takeover bid for the company, wrote Tuesday at the Bloomberg news agency, citing people close to the situation. These would not be the first acquisitions: OSRAM was already considered a potential purchase object several years ago.

Bain Capital is currently evaluating the value of the company with financial advisers, that is, by the informed people. The market value of OSRAM was recently about 3.3 billion euros. Other potential buyers, including other financial investors, would also be interested in the former Siemens subsidiary, the agency said. However, an interest does not have to be in a transaction. OSRAM and Bath did not want to comment on the information. Bain Capital had recently bought generic drug maker STADA with financial investor Cinven in Germany.

This is not the first time that OSRAM is moving to the center of the takeover. Two years ago, Chinese companies had an eye on OSRAM. The Munich company had already sold its trade of lamps in the Middle Kingdom at that time. However, the seriousness of the interest was unclear. The Chinese would have withdrawn from an offer later.

OSRAM has no real major shareholder that can play the role of stabilizer. The old mother Siemens sold her last shares of more than 17% at the beginning of last year. Since then, the shareholding structure has been broadly diversified. Allianz, Deutsche Bank and Blackrock Asset Manager were among the largest shareholders with more than 5% of the capital. OSRAM also owns its own shares.

In response to weak business development, management around CEO Olaf Berlien wants to realign divisions and strengthen scan l & # 39; plate. Lighting and service activities in the United States are for sale. There are also savings. The prospects for the current exercise are however meager: OSRAM expects further deterioration in profitability.

The fantasy takeover opens the OSRAM course

The prospect of a takeover pushed the OSRAM rate up on Tuesday. At the top, the share has increased by almost 20%. For the first time in three months, it still exceeded the 40 euros mark. According to informed sources, financial investor Bain Capital plans to call on the lighting specialist.

This news had been preceded by several months of stock price erosion. Two profit warnings in just two months had put investors under severe strain. From the record-breaking record of newspapers at the beginning of the year to almost 80 euros, they fed almost two-thirds of their value until the October low of less than 30 euros. At the time, the company accounted for only less than 3 billion euros on the river.

With the current price gains, the market value of the company is about 3.8 billion euros. Bain Capital is currently evaluating the value of the company with financial advisors.

For the lighting technology maker's stores, badysts had recently been mostly skeptical. "OSRAM is undergoing a transformation," noted Wolfgang Donie of NordLB. Munich's strategic course is indeed useful and long-term growth opportunities are good. However, the slowdown in the economy, especially in the car industry, is putting a strain on society. / Bek / nas / fba

MNCHEN (dpa-AFX)

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Sources of images: Osram, AR Pictures / Shutterstock.com

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