(Reuters) - A surprise Asian consortium has emerged in the auction for Philips' lighting components business worth roughly 2.5 billion euros ($2.6 billion), two sources familiar with the matter said.
Chinese LED startup Lattice Power, working with investors GSR Ventures and Singapore state fund Temasek, has expressed interest in the business, a move that could potentially foil the chances of rival bids from buyout groups, they said.
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Chinese LED startup Lattice Power, working with investors GSR Ventures and Singapore state fund Temasek, has expressed interest in the business, a move that could potentially foil the chances of rival bids from buyout groups, they said.
Help employers find you! Check out all the jobs and post your resume.
