inertz.org

Amsterdam, The Netherlands – Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced it has sold 24 million shares of common stock in LG Display Co., Ltd. (NYSE: LPL, KRX: 034220) to investors in a capital markets transaction. This transaction represents 6.7% of LG Display’s issued share capital and reduces Philips’ holding to 13.2%.
The transaction, which closed today, will provide …