Carlyle to acquire optical tech specialist Meopta Optika
June 05, 2023
Global investment firm says it will help the Czech company to expand its range of target markets, international presence, sales network and operations.
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The courtship of Osram continues - Bain is not giving up
September 26, 2019
A consortium comprising of Advent and Bain Capital has indicated it is willing to make a new takeover offer for all outstanding shares of OSRAM Licht AG.
ams' offer is officially on the table - acceptance period starts now
September 04, 2019
Austrian sensor specialist, ams, has published the offer document and thereby starting the acceptance period of its offer for all outstanding shares of OSRAM Licht AG.
Osram says negotiations with ams are constructive
August 15, 2019
Osram says that it has held constructive discussions on a Business Combination Agreement and on other topics with ams since Tuesday and will continue to do so.
ams not 'interested' in Osram Licht after due diligence
July 16, 2019
Updated:
First made public by Osram Licht, ams has now notes a recent publication by Osram Licht AG regarding a preliminary, non-binding expression of interest by ams for OSRAM Licht AG.
Today, OSRAM Licht AG (OSRAM) received a non-binding, preliminary expression of interest of ams AG (AMS) to engage in discussions about a public takeover of OSRAM by AMS. Subject to the results of detailed due diligence and success in securing the required financing commitments for the transaction, AMS preliminarily values OSRAM at EUR 38.50 per share. AMS indicated that the funding of the offer shall be supported by a temporary bridge-loan facility of EUR 4.2 billion, which in part shall be refinanced at a later date by a capital increase in the amount of at least CHF 1.7 billion. Currently, neither the bridge-loan nor the equity portion are supported by binding commitments; any other coverage of operational funding requirements has not been clarified. On the basis of the information as per today, the Managing Board of OSRAM Licht AG does regard the probability of this transaction materializing as rather low. However, OSRAM will enable AMS to perform due diligence within strict compliance of anti-trust requirements in order to possibly remove the substantial uncertainties pertaining to the funding of the transaction intended by AMS. In addition, OSRAM will urge AMS to agree to honor the well-established interests of the company and other important stakeholders, and commit to enter into a respective legally binding agreement.
Osram sells and talks to investor
July 04, 2019
Osram Licht AG confirms that it has received a binding offer from the financial consortium Bain Capital and The Carlyle Group. Furthermore, Osram has found a new owner for the Siteco luminaires business in Stern Stewart Capital.
AxleTech divests EV systems group to Allison Transmission
April 29, 2019
AxleTech, provider of off-highway and specialty vehicle drivetrain systems and components, has sold its Electric Vehicle Systems division to Allison Transmission, effective immediately. The sale affects 5% of AxleTech’s global employee base of approximately 600 people.
Osram Licht AG confirms talks with Bain Capital and Carlyle Group
February 14, 2019
Osram Licht AG is confirming the market rumours that Bain Capital and Carlyle Group are considering a joint acquisition of up to 100% of the company's shares.
A new chip company sees the light of day
February 05, 2018
Following almost 30 years with Intel, most recently as president for the chip giant, Renee James is now the CEO of a new chip company; Ampere.
ContiTech acquires Veyance Technologies
February 11, 2014
Continental will expand its global industrial business via a significant acquisition: The company has concluded an agreement with The Carlyle Group, relating to the purchase of Veyance Technologies for approximately 1.4 billion Euro.
Freescale cannot find buyer for Scottish plant
May 12, 2008
Unite, Scotland's largest trade union has condemned management at Freescale Semiconductors after they announced a buyer could not be found to continue production at the East Kilbride plant.
Former Intersil boss new CEO of Freescale
February 14, 2008
Freescale Semiconductor today named Rich Beyer chairman and CEO of the company, effective March 2008. Mr. Beyer comes to Freescale from Intersil Corporation, where he was CEO and a member of its board of directors.
Freescale CEO steps down
February 11, 2008
Freescale Semiconductor announced that Michel Mayer, chairman and CEO, has decided to step down.
Freescale acquired by group of investors
December 04, 2006
Freescale Semiconductor announced today the completion of the merger of the company with an entity controlled by a consortium of private equity funds led by The Blackstone Group and including The Carlyle Group, funds advised by Permira Advisers LLC and Texas Pacific Group.
Acquicor acquires Jazz
September 28, 2006
Acquicor Technology Inc. and Jazz Semiconductor, Inc. announces merger.
Freescale acquired by private investors
September 18, 2006
Freescale Semiconductor Reaches Agreement with Private Equity Consortium in $17.6 Billion Transaction.
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