VIENNA Osram said on Monday it would consider a takeover by Austrian sensor maker AMS that trumps a competing bid by Bain and Carlyle with a cash offer valuing the German lighting group at 4.3 billion euros ($4.8 billion). | Video
VIENNA Shares in engineering company Andritz soared on Friday after it reported strong orders and cash flow in the second quarter and confirmed its full-year outlook, easing some concerns about the impact of a slowdown the automotive sector.
* Shares gain 7.2%, highest in a month
(Adds detail, CEO, analyst, shares)
VIENNA Austrian printed circuit board maker AT&S said its first-quarter core profit fell 33% due to lower demand from smartphone makers and the automotive industry, knocking its shares despite an upbeat medium-term forecast.
VIENNA Record production helped Austrian oil and gas group OMV top second-quarter core operating profit and cash flow expectations, sending its shares up 3.6% in early Wednesday trade.
* Shares gain 3.6% in early trade
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VIENNA An emergency meeting with parties to Iran's 2015 nuclear deal was constructive but there are unresolved issues and Tehran will continue to reduce its nuclear commitments if Europeans fail to salvage the pact, Iranian official Abbas Araqchi said on Sunday. | Video
VIENNA Apple supplier AMS kept alive the prospect of a counterbid for German lighting group Osram on Tuesday, as the Austrian company predicted demand for its optical sensors would continue to recover in the third quarter.
(Corrects name of Borealis CEO to Alfred Stern (not Achim Stern) in paragraph 22 in June 18 story.)
VIENNA OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia's Gazprom for a stake in a Siberian gas field, as part of the Austrian firm's strategy to boost its gas business.