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Philips Lighting Business By The Private Pro-Lai Reportedly Valued $ 6,000,000,000

Aug 08, 2017

 According to reports, Royal Philips (Royal Philips NV) lighting sector attracted the interest of some of the world's largest private equity firms,LED stadium lights according to informed sources, the transaction valuation of the sector of about 55 billion euros ($ 6 billion). backpfrontp a source on condition of anonymity, said, CVC Capital Partners (CVC Capital Partners,LED stadium lighting hereinafter referred to CVC), KKR \u0026 amp; Co., Bain Capital (Bain Capital) and Onex Corp. is also the initial bid for the sector Companies list. The source also said that JP Morgan Chase (JPMorgan Chase \u0026 amp; Co) and Wall Street's most famous investment bank Goldman Sachs Group (Goldman Sachs Group Inc.) for the transaction advising Philips. In addition, high power led flood light the source said, the final outcome of this case has not yet been finalized standard. backpfrontp to monitor the health of consumer devices and mobile applications by growing demand, Philips CEO Frans van Houten wanted to take advantage of this trend,1000W LED flood light this hotel in Amsterdam is bringing its lighting division from health care and quality of life career portion separated. Philips had previously said the company is also lighting sector IPO. backpfrontp The person said that if US regulators to prevent Philips Lumileds its $ 2.8 billion sale to China GSR (GSR Ventures) Go Scale Capital dominated by the issue, some of the bidders also be interested in the acquisition of lighting components Lumi LED high bay lights division. KKR, CVC and Bain had Lumileds failed bid in March. backpfrontp Philips, Goldman Sachs and JP Morgan Chase spokesman declined to comment. In addition, CVC, KKR, Onex Corporation and Bain spokesman did not immediately respond to requests for comment. LED tennis court lights Philips was founded in 1891, sales of lighting up more than a century, about one third of Philips' total revenue income of its creation, is second only to health care division of the second largest sector. backp