Philips' $3B LED Biz Sale Runs Into US Regulatory Hurdle
By Abigail Rubenstein ( October 26, 2015, 11:50 AM EDT) -- Dutch electronics giant Philips said Monday that its deal to sell its LED lights business for around $2.9 billion to a private equity-backed consortium led by China-based fund Go Scale Capital was "uncertain" due to concerns from U.S. regulators....
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