Philips has agreed to sell an 80.1 percent stake in the company's lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to build the company's automotive LED business.
Philips has agreed to sell an 80.1 percent stake in the company's lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to build the company's automotive LED business.