Corporate mergers and acquisitions OSRAM lighting business was approved in Germany and the United States

German OSRAM (OSRAM) 11, said the spokesman, the U.S. Foreign Investment Committee (CFIUS) has approved OSRAM to sell its lighting business to the Chinese consortium. Because of the German economy ministry in January this year has shown green, the deal is now for the supervision department to complete the final approval of China.

Headquarters in Munich, OSRAM is a company with more than 110 years of history of the famous enterprise, its products include civilian lighting equipment to the infrared and laser and other high-tech lighting equipment, is widely used in virtual reality, automatic driving, intelligent mobile phone and smart city building, etc..

The OSRAM intends to sell the company as a separate split, the main home lighting Lund Vance (LEDvance). Since mid 2016, Landes Vance from OSRAM in complete resolution, there are many China enterprises expressed willingness merger. In July 26th of the same year, OSRAM's board of supervisors decided to sell Lund Vance to the Chinese consortium consisting of wood wood, IDG capital and Yiwu state owned asset management center.

OSRAM to sell in the lighting business and the beauty of the M & a famous German robot maker in Germany, KUKA semiconductor companies buy Ace strong three acquisitions in 2016 sparked media attention.

The beauty of the merger was the German economy minister, KUKA in opposition, once thought to be stranded". But the merger was eventually passed in August 2016, the German side review.

In October of the same year, the German Ministry of economic affairs to withdraw beyond all expectations acquisition of Ace strong licensing for the enterprise and restart the review. In December, President Obama ordered a ban on Ace will America business sold to china. Fujian macro core investment fund eventually gave up on Ace's strong mergers and acquisitions.

German Ministry of Economic Affairs announced in Ace merger review said, will further investigate the prices on the OSRAM acquisition plan.

However, in January 30th this year, OSRAM spokesman confirmed that the German economy ministry has approved the sale of OSRAM China to Vance landes.

11 this month, a spokesman for OSRAM to the German business daily said that the U.S. Foreign Investment Committee (CFIUS) has also released the acquisition. Analysts believe that, so far, in theory, only the approval of the Chinese regulatory authorities, the consortium can be completed on schedule in fiscal year 2017 to complete the acquisition of OSRAM lighting business.

OSRAM is a global market and technology leader in automotive lighting. German "Der Spiegel" pointed out that the online sale of its Landes, Vance will make the lighting business oriented customer terminal OSRAM to divest its with 2 billion euros in sales and 12 thousand and 500 employees. In the future, OSRAM will bid farewell to the traditional bulbs, halogen lamps and other products, instead of focusing on LED technology and lucrative automotive lighting equipment.

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