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ams AG

AMS.VI

Latest Trade

39.75EUR

Change

0.25(+0.63%)

Volume

1,006

Today's Range

39.30

 - 

40.00

52 Week Range

16.10

 - 

52.32

As of on the Virt-X ∙ Minimum 15 minute delay

Latest Developments

AMS Announces Start Of Additional Acceptance Period Of Takeover Offer For Osram

Dec 11 (Reuters) - AMS AG AMS.S::ANNOUNCES START OF ADDITIONAL ACCEPTANCE PERIOD OF TAKEOVER OFFER FOR OSRAM.ACCEPTANCE LEVEL OF 59.3% ACHIEVED DURING MAIN OFFER PERIOD.ADDITIONAL ACCEPTANCE PERIOD TO RUN FROM 11 UNTIL 24 DECEMBER 2019, 24.00 CET.AMS ENCOURAGES OSRAM SHAREHOLDERS TO TENDER INTO OFFER DURING ADDITIONAL ACCEPTANCE PERIOD.FINAL RESULTS OF OFFER WILL BE PUBLISHED ON 2 JANUARY 2020.

Osram Licht: Osram's Management Board Invites AMS To Talks About Future

Dec 6 (Reuters) - Osram Licht AG <OSRn.DE>::OSRAM'S MANAGEMENT BOARD INVITES AMS TO TALKS ABOUT FUTURE.TAKEOVER PROCESS LEADS TO HIGH PREMIUM FOR SHAREHOLDERS.OSRAM MANAGEMENT BEGINS TALKS ON WAY TO BECOMING A JOINT PHOTONICS CHAMPION -.OSRAM SHAREHOLDERS WILL RECEIVE 41 EUROS PER SHARE, REPRESENTING A MARKUP OF 42 PERCENT SINCE THE START OF THE PROCESS.MERGER-RELATED LAYOFFS, FOR EXAMPLE, HAVE BEEN RULED OUT UNTIL THE END OF 2022.MANAGING BOARDS OF OSRAM AND AMS WILL NOW PREPARE A VIABLE INTEGRATION ROADMAP AS EQUAL.COMPLIANCE WITH THESE REGULATORY STEPS AND LEGAL APPROVALS AS WELL AS ORGANIZATIONAL COORDINATION ARE EXPECTED TO TAKE UNTIL SUMMER 2020.

AMS: Acceptance Threshold For AMS' Takeover Offer For Osram Is Satisfied

Dec 6 (Reuters) - ams AG <AMS.VI>::ANNOUNCES ACCEPTANCE THRESHOLD FOR AMS' TAKEOVER OFFER FOR OSRAM IS SATISFIED.AMS HAS TODAY EXCEEDED THE MINIMUM ACCEPTANCE THRESHOLD OF 55% .ADDITIONAL ACCEPTANCE PERIOD TO RUN FROM 11 UNTIL 24 DECEMBER, 24.00 CET.INTENDS TO INVITE ITS SHAREHOLDERS TO AN EGM TO BE HELD IN JANUARY 2020 TO AUTHORIZE THE PROPOSED EQUITY CAPITAL RAISING.AMS LOOKS FORWARD TO WORKING CLOSELY WITH THE OSRAM MANAGEMENT TEAM AND ALL OSRAM AND AMS STAKEHOLDERS TO REALIZE SHARED GOAL OF A GLOBAL LEADER IN SENSOR SOLUTIONS AND PHOTONICS .

ams: Last Day To Tender Into ams Offer For OSRAM

Dec 5 (Reuters) - AMS AG <AMS.VI>::LAST DAY TO TENDER INTO AMS OFFER FOR OSRAM; ACCEPTANCE LEVEL CURRENTLY STANDS AT 39.8%.

AMS says 3.3% of Osram shareholders have tendered their shares

Nov 27 (Reuters) - AMS AG AMS.S::AMS NOTES THAT 3.3% OF OSRAM SHAREHOLDERS HAVE TENDERED THEIR SHARES INTO OFFER AS OF 27 NOVEMBER 2019.AMS CONFIRMS THAT IT WILL NOT PURCHASE FURTHER OSRAM SHARES OR LAUNCH ANOTHER OFFER FOR OSRAM FOR A PERIOD OF AT LEAST 6 MONTHS SHOULD OFFER FAIL TO ACHIEVE 55% MINIMUM ACCEPTANCE THRESHOLD.CONFIRMS THAT IT HAS NO INTENTION TO CHANGE OFFER PRICE OF EUR 41.00 OR REDUCE MINIMUM ACCEPTANCE THRESHOLD OF 55%.‍OFFER EXPIRES ON 5 DECEMBER 2019 AT MIDNIGHT (CET)..

AMS Enters Into Business Combination Agreement With Osram

Nov 12 (Reuters) - AMS AG <AMS.VI>::NOTES PUBLICATION OF REASONED STATEMENT BY MANAGEMENT BOARD AND SUPERVISORY BOARD OF OSRAM LICHT.WELCOMES POSITIVE RECOMMENDATION IN SUPPORT OF ITS ALL- CASH TAKEOVER FOR 100% OF SHARE CAPITAL OF OSRAM AT A PRICE OF EUR 41.00 PER SHARE.AMS AND OSRAM HAVE AGREED A BUSINESS COMBINATION AGREEMENT WITH COMPREHENSIVE COMMITMENTS AIMED AT SAFEGUARDING JOBS AND MANUFACTURING SITES IN GERMANY.ENCOURAGES ALL OSRAM SHAREHOLDERS TO TENDER INTO OFFER AND IS CONFIDENT TO ACHIEVE 55% MINIMUM ACCEPTANCE THRESHOLD.OFFER PERIOD DUE TO EXPIRE ON THURSDAY, 5 DECEMBER 2019.COMMITMENTS CONTINUE TO ENABLE AMS TO REALIZE ENVISAGED COST AND REVENUE SYNERGIES FROM COMBINATION WITH AN EXPECTED ANNUAL PRE-TAX RUN-RATE OF AT LEAST EUR 300 MILLION.

AMS AG Announces Start Of Acceptance Period For New Takeover Offer For Osram

Nov 7 (Reuters) - ams AG <AMS.VI>::ANNOUNCES START OF ACCEPTANCE PERIOD FOR NEW TAKEOVER OFFER FOR OSRAM.PUBLICATION OF OFFER DOCUMENT FOLLOWING CLEARANCE, STARTING FOUR-WEEK ACCEPTANCE PERIOD RUNNING FROM 7 NOVEMBER UNTIL 5 DECEMBER 2019.REFLECTING ON ITS POSITION AS PRE-EMINENT OSRAM SHAREHOLDER, AMS HAS LOWERED MINIMUM ACCEPTANCE THRESHOLD TO 55%.EUR 41.00 OFFER PRICE REFLECTS A PREMIUM OF 42% TO UNDISTURBED SHARE PRICE OF OSRAM AS OF 2 JULY 2019 (EUR 28.92).

AMS Aims For Osram Board Representation Adequate To Its Shareholding - Osram

Oct 28 (Reuters) - Osram <OSRn.DE>::AMS SAYS ACQUISITION OF VOTING RIGHTS OF OSRAM LICHT AG SERVES STRATEGIC GOALS.AMS SAYS IT DOES NOT INTEND TO CHANGE COMPOSITION OF MANAGING BOARD OF OSRAM LICHT AG OR TO INITIATE SUCH CHANGE.AMS SAYS IT INTENDS TO BE REPRESENTED ON SUPERVISORY BOARD OF OSRAM LICHT AG AFTER CLOSING OF TAKEOVER OFFER IN A MANNER ADEQUATE TO ITS SHAREHOLDING.AMS SAYS NO SUBSTANTIAL CHANGE IN CAPITAL STRUCTURE OF OSRAM LICHT AG IS INTENDED.

Ams Q3 Adj EBIT Increasing To $177.9 Mln

Oct 22 (Reuters) - ams AG <AMS.VI>::SAYS AMS REPORTS Q3 REVENUES ABOVE TOP END OF GUIDANCE RANGE.Q3 GROUP REVENUES WERE USD 645.0 MILLION, UP 57% SEQUENTIALLY COMPARED TO Q2.ADJUSTED RESULT FROM OPERATIONS (EBIT) FOR Q3 WAS USD 177.9 MILLION, STRONGLY INCREASING FROM USD 57.6 MILLION IN SAME PERIOD 2018.SEES LEVERAGE IN TERMS OF NET DEBT/EBITDA ON A STAND-ALONE BASIS TO DECREASE SIGNIFICANTLY TO LEVEL OF 1.5 OR LOWER AT YEAR-END 2019.Q3 NET INCOME USD 158.1 MILLION VERSUS USD 17.8 MILLION FOR SAME PERIOD 2018.EXPECTS Q4 REVENUES OF USD 610-650 MILLION SHOWING CONTINUING STRENGTH AND A YEAR-ON-YEAR INCREASE OF 28% AT MIDPOINT.ADJUSTED OPERATING (EBIT) MARGIN FOR Q4 IS EXPECTED TO REACH AT LEAST LEVEL OF Q3.CAPEX DEVELOPING FULLY IN LINE WITH EXPECTATIONS TO REALIZE SIGNIFICANTLY LOWER CAPEX AMS EXPECTS FOR 2019 COMPARED TO 2018.

AMS submits new bid for Osram with same valuation, lower threshold

Oct 18 (Reuters) - AMS AG <AMS.VI>::SAYS BIDDER EXPECTS TO MAKE TAKEOVER OFFER SUBJECT TO COMPLETION CONDITIONS RELATING TO CERTAIN REGULATORY PROCEEDINGS, A MINIMUM ACCEPTANCE THRESHOLD OF 55% OF ALL ISSUED OSRAM SHARES PLUS ONE OSRAM SHARE.SAYS DECIDED TODAY TO MAKE A VOLUNTARY PUBLIC TAKEOVER OFFER TO SHAREHOLDERS OF OSRAM LICHT AG.SAYS BIDDER INTENDS TO OFFER A CASH CONSIDERATION IN AMOUNT OF EUR 41.00 PER OSRAM SHARE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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