Dutch electronics company Philips is one of the best known, and oldest, electronics companies in the world (the company was founded all the way back in 1891!) but it’s now about to make a major change ...

Philips announced on Jan. 28 that it has begun to “disentangle” its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...

AMSTERDAM (Reuters) - Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company's range of ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has completed the sale of the Domestic Appliances business to Hillhouse ...

Hillhouse Capital has agreed to acquire Royal Philips’ domestic appliances business. The purchase price is 3.7 billion euros. The deal is expected to close in the third quarter of this year. Amsterdam ...

Philips announced on Jan. 28 that it has begun to "disentangle" its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...