Philips Cuts Umbilical Cord With Bulbs, Split To Allow Mergers?

Marcel Michelson, Contributor, Forbes
Tue, 09/23/2014 - 4:05am

Philips of the Netherlands announced a dramatic move to hive off its historical lighting activities. This split could be a prelude to a next phase of transformational deals that will further change the ownership structure and reduce “Philips” to just a brand, perhaps even no longer Dutch.

Topics: netherlands philips dutch split

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Philips Cuts Umbilical Cord With Bulbs, Split To Allow Mergers?

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