Royal Philips (PHG) said Tuesday it has agreed to sell its Emergency Care business to US-based investment firm Bridgefield Capital.
Financial terms were not disclosed.
The deal is expected to close in H2, Philips said.
Price: 27.43, Change: +0.12, Percent Change: +0.44
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.