Philips to sell majority interest in combined LED components and Automotive lighting business to consortium led by GO Scale Capital
Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has signed an agreement with a consortium led by GO Scale Capital through which they will acquire an 80.1% interest in Philips’ combined LED components and Automotive lighting business, with Philips retaining the remaining 19.9%* interest.
Read more
- Written by Maksim
- Comments (0)
- 05.05.2015
social