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Philips Announces $1.8 Billion Share Buyback Program

Philips Announces $1.8 Billion Share Buyback Program
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Frans Van Houten , Executive Officer Frans , ஃப்ர்யாந்ஸ் வேன் ஹூட்டன் , நிர்வாகி அதிகாரி ஃப்ர்யாந்ஸ் ,

Philips Buys BioTelemetry for $2.8 Billion in Cardio Push

Philips Buys BioTelemetry for $2.8 Billion in Cardio Push
Bloomberg
12/18/2020
Andrew Noël
© Bloomberg
With the global coronavirus pandemic still raging, demand for Philips’s equipment that allows doctors and nurses to provide real-time care over the cloud is surging.
(Bloomberg) Royal Philips NV agreed to buy U.S.-based BioTelemetry Inc. for $2.8 billion to expand in wearable heart monitors as the Dutch company expands in the burgeoning at-home care market.
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Shareholders of Conshohocken, Pennsylvania-based BioTelemetry will receive $72 a share in cash, Philips said in a statement Friday, a 17% premium over Thursday’s closing price.
With the global coronavirus pandemic still raging, demand for Philips’s equipment that allows doctors and nurses to provide real-time remote care over the cloud is surging. The Amsterdam-based company expects the BioTelemetry purchase to add to sales growth and expand ....

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Philips Buys BioTelemetry for $2.8B in Cardio Push

Philips Buys BioTelemetry for $2.8B in Cardio Push
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June 28, 2017
June 28, 2017
Royal Philips NV agreed to buy U.S.-based
BioTelemetry Inc. for $2.8 billion to expand in wearable heart monitors as the Dutch company expands in the burgeoning at-home care market.
Shareholders of Conshohocken, Pennsylvania-based BioTelemetry will receive $72 a share in cash, Philips said, a 17% premium over Thursday’s closing price.
With the global coronavirus pandemic still raging, demand for Philips’s equipment that allows doctors and nurses to provide real-time remote care over the cloud is surging. The Amsterdam-based company expects the BioTelemetry purchase to add to sales growth and expand its profit margin in 2021. ....

Noord Holland , Van Houten , Frans Van Houten , U Biotelemetry Inc , Royal Philips , Pennsylvania Based Biotelemetry , Executive Officer Frans , நூற்த் ஹாலண்ட் , வேன் ஹூட்டன் , ஃப்ர்யாந்ஸ் வேன் ஹூட்டன் , அரச பிலிப்ஸ் , நிர்வாகி அதிகாரி ஃப்ர்யாந்ஸ் ,