Koninklijke Philips: Hold For Now (NYSE:PHG)

Female medical practitioner reassuring a patient


Given our extensive coverage of Exor (OTCPK:EXXRF), today we decided to look at Koninklijke Philips NV (NYSE:PHG). In mid-August, Exor, the Agnelli Holding company, acquired a 15% equity stake in Philips for a total consideration of €2.6 billion.

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