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Investment

World news about “Investment” published by euronews.

23/09 14:05 CET

Philips splits saying it is time to ‘reinvent’ itself

Philips splits saying it is time to ‘reinvent’ itself

Philips is splitting in two. The Dutch conglomerate is to put its lighting business into a separate company It is the latest step in Philips' plans to move out of less profitable consumer electronics and into fast-growing areas like healthcare. The split will take up to 18…