Osram says AMS has made non-binding takeover offer at 38.50 euros per share

FRANKFURT, July 15 (Reuters) – German lighting group Osram Licht on Monday said it had been approached by Austria’s AMS to discuss a non-binding takeover offer at 38.50 euros per share.

The offer from AMS comes after Osram backed an approach from private equity firms Bain and Carlyle at 35 euros per share. (Reporting by Edward Taylor Editing by David Goodman)