VIENNA: Austrian sensor specialist AMS launched a bid for Germany's Osram on Tuesday, valuing it at 4.3 billion euros including debt and beating an offer from private equity firms Bain Capital and Carlyle .
Osram shareholders who have already decided to tender for the private equity groups' offer of 35 euros per share can withdraw and retender, AMS said in a statement. "Our offer and the combination of Osram and AMS represents a better option to all stakeholders than the private equity proposal," AMS Chief Executive Alexander Everke said.
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