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, 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 ...

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 ...

New Delhi: Philips India has said it would manufacture around 80 per cent of its domestic appliance range in India by 2015.

Home just used to be a place where people could go back to, plop into a couch or their individual beds to rest their weary bodies after a hard day’s work. Now, home has evolved into a dynamic ...

Koninklijke Philips NV said Tuesday that it will launch a review of options for its domestic-appliances business, as it posted a 17% fall in fourth-quarter net profit. Philips said it will start the ...

The U.S.-listed shares of Koninklijke Philips N.V. , known as Royal Philips, rallied 1.3% in premarket trading Thursday, after the Netherlands-based diversified technology, consumer products and ...

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 ...

Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Philips expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 ...