Australian regulator sues Samsung over misleading ads

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Source: Dukascopy Bank SA
Australia's competition regulator stated that it is suing the local unit of Samsung Electronics Co, alleging that the company misled consumers by promoting Galaxy smartphones as water resistant.
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Thu, 04 Jul 2019 06:35:45 GMT

Osram explores $3.8B takeover offer

On Wednesday, Germany's lighting group Osram announced its supervisory board is set for a meeting to consider a takeover bid worth $3.8B made by the private equity groups Bain and Carlyle.

Thu, 04 Jul 2019 04:36:49 GMT

Osram to consider takeover from Carlyle, Bain

Germany's lighting group Osram stated that the company' supervisory board is set to meet to review an offer of binding from private equity companies Carlyle and Bain to buy the company for $3.8B, sending shares up 11.5%.

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