Another element of the reorganization includes Philips' discontinuation of its front projector business in the United States, also effective next month. The U.S. business products unit of the ...

(Bloomberg) -- Royal Philips NV is selling its emergency care business to US-based investment firm Bridgefield Capital to focus on larger units that are more profitable. While Philips didn’t ...

Koninklijke Philips NV is a technology company ... The Personal Health segment represents Oral Healthcare business unit, Personal Care business unit, and Mother and Child Care business unit.

“This business exemplifies everything we ... standalone entity,” Mathews added. Philips to drop its home appliances unit in healthcare pursuit, plus a new head of connected care Philips ...

Philips will sell its emergency care business to investment firm Bridgefield Capital for an undisclosed amount. The deal is expected to close later this year, the companies said Tuesday.

Philips has agreed to sell its emergency care business to Washington D.C.-based investment firm Bridgefield Capital, the companies announced on Tuesday. They did not disclose the terms of the deal.