Philips LED auto lighting division to be sold to Chinese investment fund
Deal costs USD2.8 billion
Dutch electronics company Philips is selling a majority stake in its LED and automotive lighting division to a Chinese consortium for USD2.8 billion, reports a Philips press release. The Chinese consortium
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
