Digitimes Research: Philips makes wise move selling Lumileds stake

Jessie Lin, DIGITIMES Research, Taipei

Apr 14, 2015, 11:49 0

Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% stake in Lumileds to...

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