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Philips in Plan to Acquire BioTelemetry to $2.8B

Ricochet64 -stock.adobe.com The company ends its 2020 with a high-profile deal. Philips started the year with a strategy to detangle its Domestic Appliance Business so it could focus more on healthcare. Royal Philips is bringing 2020 to a close with a high-scale acquisition. The Amsterdam, Netherlands-based company has signed a definitive agreement to drop $2.8 billion or $72 per share to acquire BioTelemetry, a remote cardiac diagnostics, and monitoring company. Phil...
Noord Holland Frans Van Houten Us Department Of Health Human Services House Oversite Committee Royal Philips

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