Exor Becomes a Long-term Investor in Philips Supporting the Company’s Strategy

Amsterdam, the Netherlands, Aug. 14 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of [...]