KKR, Silver Lake and AlpInvest acquire 80.1% stake in Philips Semiconductors

Royal Philips Electronics signed an agreement to sell an 80.1% stake in its Semiconductors business to a consortium of KKR, Silver Lake Partners and AlpInvest Partners NV. The enterprise value is approximately EUR 8.3 billion, and Philips will retain a 19.9% stake.

“This is a defining moment for both Philips and its semiconductors business.”cdrinfo.com

• 1 source
• cdrinfo.comPhilips Sells Majority Stake in Semiconductors Business | CdrInfo.comMar 8, 2018

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