News aus der Elektroindustrie
The European Commission has unconditionally approved the planned takeover of OSRAM by AMS....
The European Commission has unconditionally approved the planned takeover of OSRAM by AMS.
There do not seem to be any barriers for new entrants. Consulted market participants either appear to support the transaction or are not affected at all. Therefore, there are no concerns about any distortion of competition. The Commission also found that the merged company did not have sufficient market power to affect competition.
Ams AG is a multinational semiconductor manufacturer headquartered in Premstätten in Austria. The company operates in the consumer, industrial, medical technology and automotive sectors.
OSRAM, headquartered in Germany, is a photonics company that offers lighting solutions and sensors worldwide. The product portfolio includes a wide range from LEDs to light management systems as well as traditional and special lamps.
Osram fears a drop in sales of almost a fifth in the current financial year....
Osram fears a drop in sales of almost a fifth in the current financial year. Revenues from the last EUR 3.5 bn are expected to decrease by 15 -19%.
Osram expects an even greater drop in earnings. The return on sales, which was 8.9% in the past fiscal year with an operating profit (EBITDA) of EUR 307 m, will only be 3 - 6% in the fiscal year ending in September.
Osram got through the Corona crisis lightly and, following a decline in business in the current third quarter, is anticipating a slight recovery in demand in the coming months. The German group is about to be taken over by the Austrian sensor specialist ams. The EU Commission will decide by July 6th whether the deal will be approved.