Temasek, partners said to be bidding for Philips' lighting business

Temasek, partners said to be bidding for Philips' lighting business

Philips has been producing lighting components for over a century. Image from company brochure.

A consortium that includes Singapore’s Temasek, a Chinese startup and GSR Ventures has formed to bid for Philips’ 2.5 billion euros ($2.6 billion) lighting components business, following a Reuters sources report.

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