Ams and Osram conclude domination agreement

Austrian sensor maker amssaid on Tuesday it had signed a so-called domination and profit and loss transfer agreement (DPLTA) with Osram , in a key step towards closing out its 4.6 billion euro ($5.4 billion) takeover of the German firm.Implementing the agreement "will enable the swift and successful integration of ams and Osram into a combined company that offers profitable growth for the long term", ams CEO Alexander Everke said in a statement.Ams already owns 71% of Osram.