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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Philips to acquire Australian pharmacy sleep services company
Tuesday, 28 Mar 2017 01:38am EDT 

Koninklijke Philips NV : Said on Monday it has signed an agreement to acquire Australian Pharmacy Sleep Services (APSS), a pharmacy sleep testing company . The transaction is expected to be completed in the second quarter of 2017 .Financial details of the transaction will not be disclosed.  Full Article

Philips Lighting becomes official lighting partner for Cerezo Osaka
Thursday, 9 Mar 2017 04:02am EST 

Philips Lighting NV : Philips lighting becomes official lighting partner for Cerezo Osaka .Company plans to provide design, consultancy services and advanced led lighting technology for club's stadium and practice pitches.  Full Article

Philips and Phoenix Children's Hospital sign 15-year agreement
Tuesday, 7 Mar 2017 09:03am EST 

Koninklijke Philips NV : And Phoenix Children's Hospital sign 15-year agreement to redefine imaging, patient monitoring and clinical informatics in pediatric care .Announced a long-term strategic partnership with a total value of up to 65 million dollars.  Full Article

Philips Lighting expands recall of metal halide lamps
Wednesday, 1 Mar 2017 12:15pm EST 

Philips Lighting NV :Philips lighting expands recall of metal halide lamps due to fire and laceration hazards.  Full Article

Philips receives FDA 510(k) clearance to market its ElastQ imaging shear wave
Monday, 27 Feb 2017 08:00am EST 

Koninklijke Philips NV :Philips receives FDA 510(k) clearance to market its ElastQ imaging shear wave elastography for non-invasive assessment of tissue stiffness of the liver.  Full Article

Philips partners with German startup Onelife Health in mother and child care
Monday, 27 Feb 2017 03:19am EST 

Koninklijke Philips NV : Philips teams up with German startup Onelife Health to expand its digital health services in mother and child care .As part of agreement, Philips has acquired a minority interest in Onelife Health.  Full Article

Philips announces offering of 22.25 mln shares in Philips Lighting
Wednesday, 8 Feb 2017 12:07pm EST 

Philips Lighting NV : Philips announced an accelerated bookbuild offering to institutional investors of approximately 22.25 million shares in Philips Lighting . Philips Lighting has irrevocably committed to place an order in the offering to repurchase 3.5 million shares Further company coverage: [LIGHT.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Philips Lighting intends to repurchase 3.5 mln shares from Royal Philips
Wednesday, 8 Feb 2017 12:01pm EST 

Philips Lighting NV : Philips lighting intends to repurchase 3.5 million shares from Royal Philips . Offering represents approximately 14.8 pct of Philips Lighting's outstanding share capital . Royal Philips stake will be reduced to approximately 56.392 pct if all offered shares are sold . Transaction is expected to settle on February 13, 2017 . Royal Philips has announced that it agreed to a new lock-up in respect of its remaining stake in Philips Lighting until April 21 .Royal Philips announced its intention to offer approximately 22.25 million shares in Philips Lighting, representing 14.8% of Philips lighting's outstanding share capital.  Full Article

Philips launches accelerated bookbuild offering in lighting unit - bookrunner
Wednesday, 8 Feb 2017 11:59am EST 

Royal Philips : Launches accelerated bookbuild offering of about 22.25 million shares in Philips Lighting . Bookbuild offering represents about 14.8 percent of Philips Lighting's outstanding share capital .JPMorgan, Goldman Sachs, Citi and ING acting as joint bookrunners on Philips Lighting bookbuild.  Full Article

Philips and BSCHS announce 180 million dollar strategic partnership
Thursday, 26 Jan 2017 09:00am EST 

Koninklijke Philips NV : Philips and BSCHS (Bon Secours Charity Health System) announce 180 million dollar, long-term strategic partnership to support transformation of patient care and build healthier communities .Agreement is adjunct to existing 15-year 500 million dollar partnership between Westchester Medical Center Health Network (BSCHS is its member) and co which started in 2015.  Full Article

More From Around the Web

BRIEF-Philips to acquire Australian pharmacy sleep services company

* Said on Monday it has signed an agreement to acquire Australian Pharmacy Sleep Services (APSS), a pharmacy sleep testing company