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Philips To Buy Remote Medical Technology Firm BioTelemetry In $2.8 Bln Deal AMSTERDAM (dpa-AFX) - Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) announced Friday its agreement to acquire BioTelemetry, Inc. (BEAT), a U.S.-based provider of remote cardiac diagnostics and monitoring, for $72.00 per share, to be paid in cash upon completion. The deal implies an enterprise value of $2.8 billion or around 2.3 billion euros. Philips will commence a tender offer to acquire the company. The transaction is expected to be completed in the first quarter of 2021. The per share pri...

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LG Energy Solution contemplates IPO destination Posted : 2020-12-16 09:10 Updated : 2020-12-16 20:18 People walk past LG Group's headquarters on Yeouido, Seoul, in this file photo. / Korea Times file By Kim Bo-eun Following the spinoff of LG Chem's battery business earlier this month, attention is now focusing on where the new corporate body LG Energy Solution will conduct its planned IPO. While the company states key decisions have yet to be made, earlier remarks by key executives have indicated the unit is considering overseas. "We will review an IPO based on the amount of funds needed a...