Underdevelopment…

Magix Credited:

ams OSRAM sells Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash

by

in

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
——————————————————-

Sale of relevant Passive Optical Components assets

Sales price of EUR 45m in cash

Transaction expected to close in third quarter 2024

Premstaetten, Austria, and Munich, Germany (May 7th, 2024) — ams OSRAM (SIX: AMS) sells relevant Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash.

“With our strategic efficiency program ‘Re-establish the Ba…


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *