Philips in $5 bln Respironics deal
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Philips plans to buy U.S. home medical equipment maker Respironics Inc for $5.1 billion, its largest deal to date in an aggressive expansion in the fast-growing healthcare sector.
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Philips Electronics  has extended its $2.7 billion takeover offer for U.S. lighting maker Genlyte Group Inc  to January 16, saying not all regulatory approvals have been obtained yet.
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BCE Inc , Canada&#39;s largest  telecommunications group, has agreed to a C$51.7 billion ($48.5  billion) offer from a group including the investment arm of the  Ontario Teachers Pension Plan, Providence Equity Partners Inc.  and Madison Dearborn Partners, LLC, the company said on  Saturday.
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Dutch electronic's giant Philips said Monday it had raised 980 million euros (1.45 billion dollars) from the sale of 800 million shares in the world's largest chip foundry, Taiwan Semiconductor Manufacturing Company (TSMC).
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Smiths, the aerospace and defence group, is to snap up one of the world&#39;s leading medical device companies in a $925 million (Â£476 million) deal, it confirmed today.
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IPTV kit too UK-based Pace Micro Technology has agreed to buy Philips' set-top box business in exchange for 70m of its shares - equivalent to 23 per cent of the business - the two consumer electronics companies said today.â¦
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A pact unveiled at CES around Rhapsody -- a joint venture between RealNetworks and MTV -- and Dutch-based manufacturer Philips looks likely to benefit both sides in the young and promising market of music players.
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AMSTERDAM: Royal Philips Electronics NV has sold its entire 3% stake in Vivendi Universal for around 720 million euros. The transaction closed on Wednesday and is expected to result in a non-taxable gain of 300 million euros in the fourth quarter.
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Philips Electronics  said on Monday it had completed the sale of 800 million shares in Taiwan Semiconductor Manufacturing Company  valued at about $1.5 billion.
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AMSTERDAM Philips Electronics will stop making low-end computer monitors and flat-screen televisions for itself and other brands, the Dutch company said Thursday, turning the business over to the Hong Kong manufacturer TPV Technology.
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Johnson &amp; Johnson announced that it will acquire Guidant Corp., one of the world&#39;s top makers of cardiac devices, for $25.4 billion US.
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LG Philips LCD is to invest five billion dollars in new facilities to produce next-generation flat panel displays in order to strengthen its global market leadership.
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PacifiCare Health Systems Inc. will pay $502 million to buy all outstanding shares of common stock of American Medical Security. Under the terms of the merger agreement, Cypress-based PacifiCare will pay $32.
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Electrolux  said on Thursday it had agreed to inject $35 million over five years into the pension fund of workers laid off by the world's second-biggest home appliances maker in the United States.
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Dutch Philips Electronics  said on Wednesday it plans to repurchase 5 billion euros ($7.2 billion) worth of its own shares within the next two years.
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AMSTERDAM: The Dutch electronics group Philips said on Thursday that it has agreed to sell much of its flat screen business to Taiwanese company TPV Technology under an agreement worth US$358m (269 million euros).
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By Francesco Guerrera in Hong Kong and Ian Bickerton in Amsterdam. Philips, the Dutch electronics company, on Thursday said it had sold its personal computer screens business to the Taiwanese group TPV Technology