Bid? Philips lighting business new bidders exposure

( Reading] The Wall Street journal reported Thursday, said, according to people familiar with the blackstone group ( 黑石集团L。 P。 ,BX) With the Onex Co. ( OCX。 T) A joint bid royal philips ( 皇家飞利浦。 。 。

the Wall Street journal reported Thursday, said, according to people familiar with the blackstone group ( 黑石集团L。 P。 ,BX) With the Onex Co. ( OCX。 T) A joint bid royal philips ( 皇家飞利浦NV) The lighting business. One, according to people familiar with the business value may be at 4. 5 billion euros ( Us $4. 9 billion) And between 5 billion euro.

the two north American private equity firm's competitors are based in New York's Apollo Global Management LLC and British investment company Melrose Industries PLC. To a person familiar with the matter said, the two companies together, so that in the case of a bid to share greater proportion of equity, and used the question of how to improve the unit performance, director of the two. They will also be loans to financing the trading session.

blackstone and Onex is bidding lighting division last year sales of 7. 4 billion euros. The department including traditional lamps and lanterns of philips business and manufacturing energy-saving light emitting diode ( Or LED) The business of lamps and lanterns. As the LED more and more popular, the market demand for traditional lamps and lanterns is declining. The department also make lamps and lanterns of accessories, and provide lighting for homes, offices and the urban system.

philips spokesman Steve Klink wrote in an E-mail, philips is evaluating philips lighting ( 飞利浦照明) All of the strategic choice, including initial public offering ( IPO) And for private investors to sell. Philips is expected to be announced in the first half of 2016, he said, stripping lighting business.

philips in ended in January to $2. 8 billion to a Chinese investors to sell a majority stake in Lumileds department of trading, after the committee on foreign investment in the United States ( 外国投资委员会) On national security grounds blocked the deal. Lumileds department manufacturing LED components.