Philips Deepens Ties to Agnellis With Share Pact Allowing 22% Stake Increase
Deals·1 article across 1 outlet
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Royal Philips deepened ties with its biggest shareholder, Italy’s Agnelli family, in a deal allowing the Fiat-founding clan to raise its stake in the Dutch medical technology company to as high as 22%. This agreement marks a significant strengthening of the relationship between Philips and the Agnelli family.
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“Royal Philips deepened ties with its biggest shareholder, Italy’s Agnelli family, in a deal allowing the Fiat-founding clan to raise its stake in the Dutch medical technology company to as high as 22%.”
Bloomberg — Philips Deepens Ties to Italy’s Agnellis With New Share Pact