2016-04-11

Philips Names Investors for Possible Lighting Unit IPO

Royal Philips has listed six banks and filed draft documents to the Dutch market regulator for a possible IPO for its lighting division as it proceeds the sale of the lighting business, according to a recent Bloomberg report.
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2015-02-26

Philips Plans to Issue IPO for Lighting Division

Philips outlined its intention of offering an initial public offering (IPO) for its lighting business in a recent annual shareholders agenda press release.
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Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE