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OSAGF - Potential Buyers For Osram Licht AG Have No Reason To Be In A Hurry
Osram Licht AG
Shareholders of German Osram Licht AG (OTCPK:OSAGF;OTC:OSAGY) had to endure quite a lot during the last one and a half year. Profit warnings have become quite a common experience for the company lately. Investors who bought their shares at the beginning of 2018 and held on to the position have lost more than 60 percent.
Osram is currently in the process of transformation. The traditional core business has been spun off into lamp producer Ledvance GmbH which was sold to Chinese buyers in 2015. The Osram brand is licensed to Ledvance