13-12-2016 17:22 via uk.news.yahoo.com

Chinese bidders walk away from Osram takeover - sources

Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese acquisitions in Germany, two people familiar with the matter said on Tuesday. Sanan Optoelectronics and venture capital firm GSR Go Scale Capital Advisors have stopped pursuing a bid for the whole company, said the people, who declined to be named. Osram declined to comment.
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