KM Financial Solutions | UPDATE 3-Osram backs takeover offer from private equity firms
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UPDATE 3-Osram backs takeover offer from private equity firms

UPDATE 3-Osram backs takeover offer from private equity firms

The managing and supervisory
boards of Osram are backing a 3.4 billion euro ($3.8
billion) takeover offer from private equity firms Bain and
Carlyle, the German lighting group announced on Thursday.

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