Royal Philips Electronics (The Netherlands; www.news.philips.comc) intends to acquire 50% of LG LCD

Royal Philips Electronics intends to acquire 50% of LG LCD Inc., which is the active-matrix liquid-crystal-display business of LG Electronics (Korea), for approximately $1.6 billion.

Royal Philips Electronics intends to acquire 50% of LG LCD Inc., which is the active-matrix liquid-crystal-display business of LG Electronics (Korea), for approximately $1.6 billion.

The Netherlands

www.news.philips.comc

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