Royal Philips ($PHG) disclosed a long-awaited deal to sell off 80.1% of its interest in its LED component and Automotive lighting business for $2.8 billion with an ...
THE HAGUE, Netherlands – Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in ...
AMSTERDAM—Philips PHG-2.27%decrease; red down pointing triangle NV said it plans to sell a majority stake in its lighting components and automotive-lighting operations to an investment group, in a ...
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