AMS confirms is in talks to buy Dialog Semiconductor

FRANKFURT, June 26 Thu Jun 26, 2014 2:52am EDT

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FRANKFURT, June 26 (Reuters) - Austrian semiconductor maker AMS is in talks to buy Germany's Dialog Semiconductor , the two companies said, confirming a report in The Financial Times.

"These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming," the companies said in a joint statement on Thursday.

They said under takeover regulation, Switzerland-listed AMS must either announce a firm intention to make an offer for Dialog or announce that it does not intend to make an offer by July 24. (Reporting by Maria Sheahan; Editing by Christoph Steitz)