Germany's Osram (OSRn.DE) plans to transfer its 2 billion euro ($2.5 billion) general lamps business into an independent legal structure, paving the way for a possible spin-off or sale and allowing it to focus on automotive lighting and components.
Breaking News
Osram price dropped by 4% on first trading day.
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday
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