Private Equity

Bain, Carlyle To Buy Osram In $3.8B Deal

by posted 1year ago 65 views
(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.

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