Philips eyes 970M euro windfall in May 27 IPO

THE HAGUE:

million shares—with an option -

-

- portant next step in the planned initial

-

Philips said it was making the move into medical technology where margins are strong and less emerging markets.

- - rescent lamps and other electronic components, however remains a major money-spinner, selling prod

amortization, the company said.

patent rights.

interest they had already received

- position in the general lighting

the company said in its statement.