We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Blinded by the lights

4 Jul 2019 By Liam Proud

Bain and Carlyle’s offer for Osram Licht is fairer than the small premium suggests, especially as returns could be humdrum. While the board and investors might have hoped for more, rejecting the deal will leave shareholders stuck with a shrinking company in need of restructuring.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)