royal philips electronics

Philips sells $2.2 billion stake in LG.Philips

The block is priced at the bottom but still achieves a 3.5% discount. Meanwhile, KDIC divests its entire stake in Doosan Infracore at a 0% discount.

October 10, 2007

At $2.56 billion, the sell-down by Philips is on par with the largest ever equity deal from Taiwan.

May 20, 2007

The offering, which is part of Philips' planned exit from the contract chip-maker, could raise up to $2.5 billion based on current market prices.

May 10, 2007

The first part of a planned exit from the world's largest contract chip maker is completed at a 3.2% discount to the market.

March 12, 2007