German finance watchdog approves new AMS bid for Osram

VIENNA (Reuters) - German finance watchdog Bafin has approved AMS's renewed $5 billion takeover bid for Osram , kicking off another four-week offer period in which investors of the German lighting group can tender their shares, AMS said on Thursday.The Austrian sensor maker failed with a first offer at the same price of 41 euros ($45.38) per Osram share last month, a setback for Chief Executive Alexander Everke's plan to form a European leader for integrated sensor and lighting solutions. AMS..