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Philips gets new long-term investor 

August 14, 2023HME News Staff

AMSTERDAM – Royal Philips has announced that Exor, a diversified holding company based in the Netherlands, has bought a 15% shareholding in the company.  As a result, Exor, which has a net asset value of about EUR 33 billion, will nominate one member to the company's Supervisory Board.  “Exor’s investment in Philips, their long-term outlook and increased focus on healthcare and technology, fit well with our strategy and substantial value creation potential,”...

Exor, Investment, Royal Philips

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