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Osram and Continental have concluded negotiations to form a 50/50 joint venture called Osram Continental GmbH, combining expertise in lighting, light control and electronics. The joint venture is scheduled to start in the second half of 2018, pending merger control approvals.
“The joint venture, in which each of the partners has a 50 percent stake, aims to combine Continental’s and Osram’s respective expertise in lighting, light control and electronics and is scheduled to start in the second half of 2018.”edisonreport.com
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