May 22, 2017 / 6:25 AM / 6 months ago

BRIEF-Philips acquires US-based Respirtech

May 22 (Reuters) - KONINKLIJKE PHILIPS NV:

* PHILIPS TO EXPAND ITS SLEEP & RESPIRATORY CARE BUSINESS WITH ACQUISITION OF US-BASED RESPIRTECH

* SIGNED AN AGREEMENT TO ACQUIRE RESPIRATORY TECHNOLOGIES, INC. (RESPIRTECH)

* FINANCIAL DETAILS OF TRANSACTION WILL NOT BE DISCLOSED

* TRANSACTION IS EXPECTED TO BE COMPLETED IN COMING MONTHS, SUBJECT TO CUSTOMARY CLOSING CONDITIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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