No 2 A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest in LED Components and Automotive Lighting Businesses of Philips
A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest, in LED Components and Automotive Lighting Businesses (Lumileds) of Koninklijke Philips Electronics NV (Philips), an Amsterdam-based manufacturer and wholesaler of electronic products, for an estimated $2.9 billion.
Transaction value: $2.9 billion
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Philips CEO Frans van Houten holds a personal wireless lighting system which can be operated with a smart phone, as he poses for .graphers prior to a press conference in Amsterdam, Netherlands, Jan 29, 2013. [Photo/IC] |
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