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| | Philips today announced the sale of 8.4 million shares of common stock in FEI Company (NASDAQ: FEIC). All of the shares included in this offering were sold by Philips Business Electronics International B.V. The sale will provide Philips with net proceeds of approximately EUR 155 million. As a result of this transaction, the company will book a non-taxable gain of approximately EUR 75 million in its earnings for the fourth quarter of 2006. |
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| | At an energy efficiency forum in Brussels, Philips today announced a number of energy efficient lighting solutions which could significantly reduce costs, save energy and cut CO2 emissions. |
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| | In a meeting with investors and financial analysts today, Philips will discuss how Philips’ two main consumer businesses – Consumer Electronics and Domestic Appliances and Personal Care (DAP) – continue to deliver on their aggressive value creation objectives. |
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| | Philips today announced that FEI Company, in which Philips currently owns approximately 24.8% of the issued share capital, has filed a registration statement on Form S-3 with the United States Securities and Exchange Commission (SEC) relating to the planned secondary offering of 8,406,007 common shares in FEI. |
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| | Philips and D&M Holdings Inc. of Japan today announced Philips will sell its Philips Sound Solutions (PSS) business unit to D&M. |
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| | Philips Shavers today signed an agreement to increase their 2007 sponsorship commitment with the WilliamsF1 Team, to include on-car branding.
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| | Philips has been rated the top climber among the ‘Leading 50’ companies in the latest biannual survey of leading practice in corporate sustainability reporting. |
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| | Philips announced today that it has completed its acquisition of Intermagnetics General Corporation. |
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| | In order to celebrate Her Majesty The Queen’s 80th birthday, Philips has been invited by the Royal household to create a new permanent lighting installation to illuminate the façade of Buckingham Palace. |