The German business magazine revealed that the German auto parts manufacturer Continental (China) was interested in acquiring the 17% Osram holdings in the hands of Siemens in the summer of 2016, but it seems to be unsuccessful.
The report pointed out that the German horse bid to buy up to 17% of Osram shares to Siemens at a price of 50 euros per share, which may also be the last chance for OSRAM to continue to be a German businessman. From June to August 2016, Osram's share price usually swings between 42.58 euros and 51 euros.
German horses, Osram and Siemens have no comment on media reports.
So far, OSRAM and Sanan Optoelectronics have discussed the merger. It is said that the Jinshajiang Group also has M&A interest.
A series of Chinese buyers flocked to German high-tech companies to allow the German government to consider whether to protect German key technology companies.
Osram is a first-line manufacturer of automotive lighting, and continues to develop products that include LED headlights, as well as Lidar-specific laser diodes (LDs) used to detect light and range sweeps on self-driving cars.
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