During the National Day, foreign media revealed that Sanan Optoelectronics (600703) was negotiating to purchase Osram, and Sanan Optoelectronics temporarily suspended trading early today.
In the evening, Sanan Optoelectronics finally released the resumption and clarification announcement. According to the announcement, it is a fact that Sanan Optoelectronics acquired Osram. However, Sanan Optoelectronics did not negotiate on the specific terms of the transaction for the previously acquired purchase price.
The full text of the announcement is as follows:
First, the media reported <br> Recently, the "German Economic Weekly" (Wirtschafts Woche), surging and other media reported the official news Sanan Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") intends to acquire the German lighting giant Osram (OsramLight AG) of Related matters.
Second, the clarification <br> company concerned to these reports, we hereby clarify the following circumstances: self-examination, currently on a potential acquisition or cooperation matters, conducted a preliminary contact with the OSRAM parties, the two sides only once meet. As of now, there are no negotiations on the terms of the transaction (including scope and price), no binding documents, and whether the acquisition transaction or cooperation matters and related negotiations have significant uncertainties.
The company will perform the decision-making procedures and approval procedures in accordance with the relevant laws and regulations and relevant regulations according to the progress of the matters, and timely disclose the information.
Third, risk tips
Initial contact with the potential acquisition transaction or cooperation event, no negotiation of the terms of the transaction (including scope and price), no binding documents, acquisition transactions or cooperation matters and related negotiations have significant uncertainties.
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