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ams to enter into ‘Domination and Profit and Loss Transfer Agreement’ (DPLTA) with Osram

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Corporate developments

The DPLTA requires approval by an extraordinary shareholders meeting of Osram with a majority of at least 75% of the votes cast

Austria-based sensor specialist ams has announced its firm intention to implement a ‘Domination and Profit and Loss Transfer Agreement’ (DPLTA) between its wholly-owned subsidiary ams Offer GmbH and Germany-based Osram Licht AG, in the context of its acquisition of the latter, ams said in a press release on 10 February.

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