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Philips plans listing of lighting unit after failing to find buyer

Listing could value heritage unit at as much as 5.5 billion euros, sources say

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Mr Van Houten is focusing on the global healthcare market with equipment that allows hospitals to analyse clinical data, among others

Amsterdam

ROYAL Philips NV is planning to list its historic lighting division after the Dutch manufacturer of medical scanners and shavers failed to find a buyer after searching for at least half a year.

Philips plans to sell at least 25 per cent of the shares in the business in