Another Osram update | Value Investing News

Another Osram update

  • I do not know these AMS guys at all they had already pulled their offer once the AMS offer is clearly more hostile, Osram management might oppose it as they might not get the same deal that the PEs offered them.
  • Yes, there is clearly a small chance that the PEs will increase their bid but overall this new situation is too hard to handicap for me at the moment.
  • If the AMS deal would fall away again, I don’t think that the PEs woul reach the 70% now with the 35 EUR offer and I am not sure if they would increase their bid in this scenario.
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