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If Philips semiconductor earnings were valued at that level and if Philips' stakes in two publicly traded companies TSMC and Holland's ASM Lithography were added in, the buyer of Philips at today's price gets Philips' huge consumer electronics and lighting businesses for free.
Carat will continue to handle media duties for the health care and lighting businesses.
Philips' consumer electronics and lighting businesses are still the main problem spots of the company.
Similar(57)
US officials in January blocked a $2.9bn deal under which Chinese investors would have taken a controlling stake in lighting business Lumileds, a subsidiary of electronics multinational Philips.
His father owned a lighting business.
The company was new to the lighting business.
Mr Welch would never have countenanced the sale of GE's historic lighting business.
Her father, Bernard, was a stagehand and projectionist who eventually opened a lighting business.
There are columnists in the heating business and columnists in the lighting business.
Landau, who owns a lighting business, started as a parent activist and never stopped.
Mr. Vari has been in the lighting business, in one way or another, for 40 years.
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