January 28, 2020 / 7:37 AM / a month ago

Philips CEO: all options open for domestic appliances business

AMSTERDAM, Jan 28 (Reuters) - All options for Philips’ domestic appliances business remain open as the company will take 12 to 18 months to decide on what is best for the division, CEO Frans van Houten said on Tuesday.

“All options are open, we have not made a decision on the best path forward yet,” Van Houten told reporters.

Reporting by Bart Meijer; editing by Jason Neely

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