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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.47 | -1.82% | 25.40 | 25.34 | 25.55 | 25.91 | 25.27 | 25.72 | 1,279,782 | 16:40:00 |
From May 2019 to May 2024
By WSJ Staff
GO Scale Capital, an investment fund sponsored by GSR Ventures and Oak Investment Partners, said it would buy an 80.1% stake in Royal Philips NV's combined LED components and automotive lighting business in a deal that values the business at about $3.3 billion.
In a statement Tuesday, GO Scale Capital said the deal is expected to be completed in the third quarter of 2015 and Philips will retain a 19.9% interest in the business.
The deal includes the transfer of a patent portfolio of more than 600 patent families related to LED manufacturing and automotive lighting, GO Scale Capital said.
Access Investor Kit for Royal Philips NV
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=NL0000009538
Access Investor Kit for Royal Philips NV
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US5004723038
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Koninklijke Philips NV Chart |
1 Month Koninklijke Philips NV Chart |
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