AMS to place Sfr134m of treasury shares ahead of rights offer

Aidan Gregory

January 28, 2020 03:45 pm

Osram_Licht_PA_230x150 — The lettering 'OSRAM' shines bright on the roof of a factory building of lighting manufacturer OSRAM Licht AG in Berlin, Germany, 04 August 2014. Photo: Paul Zinken/dpa -NO WIRE SERVICE- | Paul Zinken/DPA/PA Images

Austrian sensor maker AMS said on Tuesday that it intended to sell all its treasury shares, ahead of its looming €1.64bn rights issue to finance its takeover of Osram Licht, the German lighting manufacturer.

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Aidan Gregory