Philips to sell domestic appliances business

AMSTERDAM (Reuters) - Dutch health technology company Philips said on Tuesday it is looking to sell its domestic appliances division, whose coffee machines, air purifiers and airfryers generated 2.3 billion euros (1.98 billion pounds) in sales last year.Philips said it would carve out the business in the coming 12 to 18 months, while it reviewed its future options."This business is not a strategic fit for our future as a health technology leader," Chief Executive Officer Frans van Houten..