Royal Philips (NYSE:PHG) yesterday said it's considering an initial public offering next year for its legacy lighting business, even as it reviews bids from private equity shops and a new suitor from Asia.
"The separation is currently intended to be effectuated through an initial public offering, but other options will continue to be reviewed," the Dutch conglomerate said. A shareholders meeting is scheduled for May 7.
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"The separation is currently intended to be effectuated through an initial public offering, but other options will continue to be reviewed," the Dutch conglomerate said. A shareholders meeting is scheduled for May 7.
Help employers find you! Check out all the jobs and post your resume.
