Bart Meijer
Stories by Bart Meijer
China’s Hillhouse Capital to buy Philips’ appliances arm for $4.37b
Philips is focused on healthcare after spinning off its lighting and electronics units in recent years.
Philips puts home appliances division on block to focus on health biz
The domestic appliances business, which produces coffee machines, vacuum cleaners and airfryers, generated $2.6 billion in sales last year.
Akzo Nobel to sell chemicals business to Carlyle, Singapore’s GIC in $12.6b deal
It had also weighed a separate stock listing for the chemicals division.
