Investing in an induction cooktop can be a smart decision for several reasons, as it offers numerous advantages over traditional gas or electric stoves. Here are some compelling reasons to consider ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...

Royal Philips NV (NYSE: PHG) is divesting its domestic-appliances unit to private equity firm Hillhouse Capital in a deal worth $4.4 billion (€3.7 billion) to accelerate its conversion into a ...

Dutch electronics company Philips is one of the best known, and oldest, electronics companies in the world (the company was founded all the way back in 1891!) but it’s now about to make a major change ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has completed the sale of the Domestic Appliances business to Hillhouse ...

AMSTERDAM (Reuters) - Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company's range of ...

Philips announced on Jan. 28 that it has begun to "disentangle" its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...

Our crew on the ground at IFA, though not exactly master chefs, still know a good kitchen appliance when they see one. And they were very impressed by a demo of the Philips Robust Collection, five ...

STAMFORD, Conn.--(BUSINESS WIRE)--Philips Domestic Appliances, a global leader and innovator in kitchen, coffee, and home care appliances, announced today a partnership with celebrity chef, and mom of ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...