Brief: Exor And Philips Extend Long-Term Relationship Agreement
BRIEF-Exor And Philips Extend Long-Term Relationship Agreement Aug 11 (Reuters) - Koninklijke Philips N.V. PHG.AS:
EXOR AND PHILIPS EXTEND LONG-TERM RELATIONSHIP AGREEMENT
PROVIDES EXOR WITH FLEXIBILITY TO INCREASE ITS SHAREHOLDING IN PHILIPS TO UP TO 22% OF COMPANY'S ISSUED ORDINARY SHARE CAPITAL AND VOTING RIGHTS
POSSIBILITY OF INCREASING ITS STAKE FURTHER SUBJECT TO APPROVAL BY PHILIPS SUPERVISORY BOARD
Source text: ID:nGNX45GkKr
Further company coverage: PHG.AS
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