Osram receives non-binding AMS offer designed to trump rival bid
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FRANKFURT (Reuters) - Osram Licht has been approached by Austria's AMS to discuss a non-binding 38.50 euros ($43.32) per share takeover offer, it said on Monday, sparking a potential bid battle for the German lighting company.The AMS offer comes after Osram this month backed an approach from private equity firms Bain and Carlyle at 35 euros per share.Osram shares closed at 33.14 euros in Frankfurt trading on Monday.Osram, a technology group that builds microchips, digital lighting systems and..