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Philips Semiconductor: Sold

Posted on Wednesday, Aug 2nd

Philips spins off its chip business. KKR & Silverlake team up on this LBO deal, beating TPG, Bain Capital, Francisco Partners, Blackstone, Apax, etc. The disposal is part of a group strategy to move from a focus on high volume electronics and implementing a strategy to build a Healthcare, Lifestyle and Technology company with a

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