Investing in an induction cooktop can be a smart decision for several reasons, as it offers numerous advantages over traditional gas or electric stoves. Here are some compelling reasons to consider ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...

Dutch electronics company Philips is one of the best known, and oldest, electronics companies in the world (the company was founded all the way back in 1891!) but it’s now about to make a major change ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has completed the sale of the Domestic Appliances business to Hillhouse ...

AMSTERDAM (Reuters) - Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company's range of ...

Philips announced on Jan. 28 that it has begun to "disentangle" its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...

STAMFORD, Conn.--(BUSINESS WIRE)--Philips Domestic Appliances, a global leader and innovator in kitchen, coffee, and home care appliances, announced today a partnership with celebrity chef, and mom of ...

Hillhouse Capital has agreed to acquire Royal Philips’ domestic appliances business. The purchase price is 3.7 billion euros. The deal is expected to close in the third quarter of this year. Amsterdam ...

Koninklijke Philips NV said Tuesday that it will launch a review of options for its domestic-appliances business, as it posted a 17% fall in fourth-quarter net profit. Philips said it will start the ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...