August 13, 2019 / 7:15 AM / 11 days ago

Austria's AMS says looking forward to discussions with Osram

VIENNA, Aug 13 (Reuters) - Sensor specialist AMS on Tuesday said it took note of Osram's willingness to discuss a takeover and was looking forward to discussions.

The Austrian company said on Sunday it was ready to make a cash offer valuing German lighting company Osram at 4.3 billion euros ($4.8 billion), 10% more than Bain Capital and Carlyle have offered.

"We have taken note of Osram's ad-hoc announcement," a spokeswoman said, adding that AMS was looking forward to the opportunity to hold discussion.

$1 = 0.8937 euros Reporting by Kirsti Knolle; editing by Jason Neely

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