UBS, HSBC left with big AMS stake after low demand for share sale
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VIENNA (Reuters) - UBS and HSBC will hold a combined 15% stake in AMS after demand for the sensor maker's share sale was so low they had to buy up stock as underwriters of the deal, AMS said in a statement on Wednesday.Swiss-listed AMS issued 190 million new shares and raised 1.75 billion francs ($1.8 billion) to help fund its 4.6 billion euro ($5 billion) takeover of German lighting group Osram , with which it wants to create a European leader in sensors and lights.Only 62% of AMS..