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Technology / AI and automation

PHILIPS COMPLETE NEGOTIATIONS FOR SALE OF ITS DEFENCE ELECTRONICS BUSINESS

Philips NV has completed negotiations for the sale of its defence electronics businesses to Thomson-CSF SA, which will take 80% of Hollandse Signalapparaten BV, about half of MBLE SA of Brussels, and 99% of the military optronics and electronics operations of TRT SA, France.

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CBR Staff Writer

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