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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

43.74EUR
20 Sep 2019
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Fri, Sep 20 2019

Philips to sell remaining 10.7% stake in Signify for 357 million euros

AMSTERDAM Dutch medical equipment company Koninklijke Philips NV said on Thursday it plans to sell the remaining 10.7% stake it holds in Signify NV , its former lighting division, for about 357 million euros ($394.24 million) or 25.9 euros per share.

UPDATE 1-Philips to sell remaining 10.7% stake in Signify for 357 mln euros

AMSTERDAM, Sept 19 Dutch medical equipment company Koninklijke Philips NV said on Thursday it plans to sell the remaining 10.7% stake it holds in Signify NV , its former lighting division, for about 357 million euros ($394.24 million) or 25.9 euros per share.

Philips to sell remaining 10.7% stake in Signify lighting

AMSTERDAM, Sept 19 Philips, the Dutch medical equipment company, said on Thursday it plans to sell the remaining 10.7% stake it holds in Signify, its former lighting division.

Exclusive: Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft

SAO PAULO, August 21 Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decade before an alleged bribery racket was exposed in the company's Brazil operations last year, Reuters has learned.

Exclusive: Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft

SAO PAULO, August 21 Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decade before an alleged bribery racket was exposed in the company's Brazil operations last year, Reuters has learned.

Deals of the day-Mergers and acquisitions

Aug 12 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Philips sales spurred by rising Chinese healthcare spending

AMSTERDAM Rising healthcare spending by the Chinese government helped Dutch health technology company Philips post better-than-expected sales growth for the second quarter, putting its shares among the top performers in Europe on Monday. | Video

UPDATE 3-Philips sales spurred by rising Chinese healthcare spending

* Shares climb 4% in Amsterdam trading (Recasts with details on Chinese growth, CEO quotes)

Philips Q2 sales growth beats expectations

AMSTERDAM, July 22 Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, to 4.67 billion euros ($5.24 billion).

Philips upbeat on digital care as patients warm to data sharing

AMSTERDAM Dutch health technology company Philips expects sales at its digital care business to grow this year as patients see the benefits of sharing more medical data with doctors, Chief Executive Frans van Houten told Reuters.

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