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 ...
(Adds CEO comments) June 30 (Reuters) - Dutch lighting and healthcare company Philips PHG.AS will merge its Lumileds LED components and Automotive lighting subsidiaries into a standalone unit to which ...
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