Osram IPO threatened by economic woes and LED slowdown

Siemens has planned to take its lighting subsidiary Osram public in a fall IPO, but bad news in financial markets and slower than expected LED sales could change those plans. Siemens AG announced in March a plan to publicly list its Osram GmbH LED and lighting subsidiary in an initial public offering (IPO) planned for this fall, but recent stories in the press have suggested that Siemens may change its plans. The combination of a tough solid-state-lighting (SSL) market and weakness in the equity markets may have significantly lessened the potential IPO value.