Philips in $5.1 Billion Deal for Respironics
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The acquisition of Respironics, which makes medical devices that assist or monitor breathing, is one of a steady stream of takeovers of U.S. companies by Philipsâ medical arm.
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Philips Electronics   said on Friday it is to buy U.S. medical products company  Respironics  for $5.17 billion to strengthen its  healthcare business.
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Royal Philips Electronics NV said Friday it will bid around $5.1 billion for Respironics Inc., a maker of medical devices that assist or monitor breathing.
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Philips Electronics NV, the Dutch electronics maker, said Wednesday it will take a &#36;752 million charge in the fourth quarter to reduce the estimated value of its stake in U.S. medical transcription company MedQuist Inc.
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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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Honeywell International of the United States is to make a US$1.5 billion (euro1.14 billion) takeover bid for Novar PLC, the Financial Times reported Sunday.
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By Bangkok Post, Thailand  Sep. 7--Philips Electronics (Thailand) Ltd will transfer all 3,400 of its  semiconductor sales and marketing staff to a newly established company,  Philips Semiconductors SMO, the sales and marketing arm of NXP Semiconductors,  on Oct 1.
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Wm. Wrigley Jr. Co. agreed to buy the brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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TSMC (2330.TW), the world's largest  contract chip maker, said on Friday Philips  plans to  sell TSMC shares it owns to help it make an orderly exit from  its current $8.5 billion stake in the Taiwan company.
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US health titan Johnson and Johnson has reached a deal to acquire US heart device manufacturer Guidant Corporation, in a stock-and-cash deal valued at $23.9 billion, based on $76 a share, the companies said in a statement early this morning.
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Dutch Philips Electronics   said on Wednesday it plans to buy back 5 billion euros ($7.2 billion) of its own shares after hedge fund pressure for the firm to improve its performance and capital structure.
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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 that it is selling its low-brand flat screens business group to TPV Technology of Taiwan as part of a strategic change of direction, and in line with a trend by big groups to use Asian partners to
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MANILA, Aug 27, 2004 (AFX-Europe via COMTEX) -- MANILA (AFX) - Royal Philips Electronics Worldwide will expand its operations in the Philippines with fresh investments of up to 250 mln eur, a statement from the presidential palace said.
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Washington - United States health titan Johnson and Johnson has reached a deal to acquire American heart device manufacturer Guidant, in a stock-and-cash deal valued at $23.9-billion, based on $76 per share, the companies said in a statement early on
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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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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.