ams sees Business Combination Agreement (BCA) negotiations with OSRAM moving ahead ... Mittwoch, 14. August 2019 - 20:05

(PR title cont'd) ... in good faith; currently expects to be able to start tender period before end of 5 September 2019

Premstaetten, Austria (14 August 2019) -- ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, is moving ahead in good faith negotations with OSRAM Licht AG ("OSRAM") on a Business Combination Agreement ("BCA"), a key element of the proposal for a takeover offer announced on 11 August 2019.

Based on the recent discussions with the Management Board of OSRAM, ams currently expects to be able to start the tender period of its offer during the offer period of the existing offer from Bain Capital and The Carlyle Group, thus before the end of 5 September 2019