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Philips to sell domestic appliances business

FILE PHOTO: Dutch health technology company Philips presents the company's financial results
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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..
Date Published: Jan 28, 2020
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