• Philips sells most of its lighting components unit for $2.8 billion
Philips sells most of its lighting components unit for $2.8 billion
01 Apr, 2015, No Comment

Summary: AMSTERDAM (Reuters) - Philips has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion (2 billion pounds) to Go Scale Capital, a technology fund that will seek to expand the company's automotive and LED businesses.....