Hengeler Mueller advises Supervisory Board of Osram on takeover offer

Hengeler Mueller | View firm profile

After detailed discussions, a bidding consortium composed
of Bain Capital and The Carlyle Group, has presented to the Managing Board and
Supervisory Board of OSRAM Licht AG ("Osram") a legally binding
transaction offer for the public takeover of all the shares of Osram. Following
a diligent process with the best interests for the company, the shareholders
and other stakeholders in the center of consideration the Managing Board and
Supervisory Board have decided to support this offer. Osram and the consortium
have also concluded an investor agreement that includes comprehensive
commitments. As part of the public takeover offer, shareholders are to be
offered 35 euros per share in cash.

Hengeler Mueller advises the Supervisory Board of
Osram on the takover offer. The team includes partners Simon Patrick Link and
Jochen Vetter as well as associates Johannes Ahlswede and Hendrik Ley (all
Corporate/M&A, Munich).

More from Hengeler Mueller