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Coronavirus: billion dollar deal between ams and Osram at risk

The billion dollar Capital increase At the listed Styrian Ams there is a rapid threat Exchange rate decline of the stock fail.

The paper from the domestic sensor specialist fell on Monday under the impact of the coronavirus crisis on the Swiss stock exchange by 18 percent to CHF 9.54 (€ 8.95). At times it even fell below CHF 9.20, for which ams wants to sell the new shares.

As a result, Osram shareholders currently lack any incentive to subscribe for up to 190 million shares.

1.6 billion

The subscription rights, four of which are for purchase eligible for a new share fell by more than three quarters to CHF 1.31.

ams wants with the 1.65 billion euros that the Capital increase should bring in purchase of the Munich lighting group Osram finance in part.

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