Deals & Cases

ams Successfully closes Takeover Offer for OSRAM

09.07.2020

On 9 July 2020, SIX Swiss Exchange-listed ams AG, Premstätten, Austria, a leading worldwide supplier of high performance sensor solutions, announced the successful closing of its all cash EUR 4.3 billion (competing) takeover offer for all the shares in DAX-listed OSRAM Licht AG, Munich, (OSRAM). The financing of the transaction has been secured through an acquisition bridge facility by HSBC and UBS, refinanced through a combination of equity and debt issuances.

Following the closing, ams holds 69% of all shares in OSRAM equivalent to a transaction value of around EUR 2.7 billion. The successful acquisition is set to combine ams and OSRAM into a worldwide leader in sensor solutions and photonics.

Schellenberg Wittmer acted as Swiss legal counsel to ams AG in this transaction.

The Schellenberg Wittmer core team included Lorenzo Olgiati and Pascal Hubli (both Corporate / Capital Markets), Philippe Borens, Shawn R. Gregory and Fabio Elsener (all Banking & Finance / Capital Markets), Michael Nordin and Roland Wild (both Tax), as well as David Mamane (Competition).

 

Stay up to date!

*Required fields

Newsletters & Newsflashes

Monthly selected key topics from our practice areas, sectors and industries, plus newsflashes on recent developments.

Publications

Monthly email with the latest updates and summaries of the Swiss Federal Supreme Court's case law in arbitration matters.
Regular insights into Swiss and international trends and legal developments in the construction industry.
NEW
Regular insights and updates on key developments in the rapidly changing landscape of Environmental, Social and Corporate Governance disputes.
Concise analysis of key trends in the fast-moving world of corporate governance for board members of Swiss companies.
A regular look from a unique M&A perspective at legal changes, economic developments and societal trends in Switzerland.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.