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An employee checks halogen inserts for low energy consumption light bulbs at an Osram factory in Molsheim, eastern France December 11, 2008.
An employee checks halogen inserts for low energy consumption light bulbs at an Osram factory in Molsheim, eastern France December 11, 2008.
(Vincent Kessler/Reuters)

BREAKINGVIEWS

After Siemens, lightbulb-maker to shine

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.

Osram is switching itself on to independence. Siemens AG, which has held this global lighting company as a subsidiary to date, will relinquish control of 80.5 per cent of the company. The demerger will occur via a distribution of shares to owners of the former parent.