Ams-OSRAM loses a quarter of market value as traders balk at $2.1 billion fundraising
September 28, 2023 at 08:17 AM EDT
Ams-OSRAM lost more than a quarter of its market value on Thursday after the heavily-indebted electronics groups set out plans to raise more than €2 billion ($2.1 billion) as it strives to bolster its balance sheet.
