Philips LED Lightbulbs at Home Depot, U.S. [File photo] |
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
Go to Forum >>0 Comment(s)