Philips mulls 2016 IPO for lighting biz as bidding war heats up

Royal Philips says it's considering an initial public offering next year for its legacy lighting business, even as a new suitor emerges from Asia; names ex-Allergan chief Pyott to board.

Actavis, Bain Capital, CVC Capital Partners, GSR Ventures, Kohlberg Kravis Roberts & Co. L.P., Lattice Power, Royal Philips, Temasek, Allergan Inc.

News Well, Initial Public Offering (IPO), Mergers & Acquisitions, Wall Street Beat

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