Ams planning up to EUR 600m CB to fund acquisitions
07 FEB 2018
ams AG [SIX:AMS], the provider of high performance sensor and analog solutions, is planning to issue a convertible bond to pay for acquisitions, Finanz und Wirtschaft reported.
In a wide-ranging interview ams CEO Alexander Everke told the Swiss bi-weekly he is planning a convertible bond with a volume of up to EUR 600m to pay primarily for acquisitions. Everke did not name any potential targets.