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PHIA Koninklijke Philips NV

19.645
0.38 (1.97%)
Last Updated: 14:33:39
Delayed by 15 minutes
Share Name Share Symbol Market Type
Koninklijke Philips NV EU:PHIA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.38 1.97% 19.645 19.64 19.65 19.655 19.225 19.405 785,376 14:33:39

Philips Acquires EPD Solutions for Up to EUR460 Million -- Deal Digest

05/06/2018 7:18am

Dow Jones News


Koninklijke Philips NV (EU:PHIA)
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   By Carlo Martuscelli 
 

ACQUIRER: Koninklijke Philips NV (PHIA.AE)

TARGET: EPD Solutions, a provider of heart-imaging technology for the medical sector

PRICE: 250 million euros ($292 million) in cash, and up to EUR460 million when including deferred milestone payments

STATUS: Agreement signed

EXPECTED CLOSE: July

RATIONALE: Philips says the deal is in line with its plans to expand its image-guided therapy portfolio

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

June 05, 2018 02:03 ET (06:03 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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