Osram Shares Slump After Lamps Unit Sale Price Disappoints

  • Sale to Chinese for 400m euros ‘on low side’: Morgan Stanley
  • CEO says deal price will be enhanced by license payments

Osram Licht AG shares declined on disappointment with the 400 million euros ($440 million) sale price of its general lamps unit and a slump in third-quarter profit partly caused by costs related to the deal.

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