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Philips sells home appliance arm for $4.4B to Asian investment firm

Philips sells home appliance arm for $4.4B to Asian investment firm

Philips sells home appliance arm for $4.4B to Asian investment firm

Price: $ 103.99

4.7(186)

Dutch electronics giant Philips announced Thursday the sale of its home appliances business to Asian investment firm Hillhouse Capital for 3.7 billion

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