Fuente : Philips
http://www.eur.lighting.philips.com/

Philips sells its remaining stake in GN Great Nordic

/noticias.info/ Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced it has sold its remaining stake of approximately 6.8 million shares in Copenhagen-based GN Store Nord A/S ("GN Great Nordic") (KFX: GN Store Nord). The transaction, which closed today, will provide Philips with proceeds of approximately EUR 65 million, and will result in a non-taxable gain of approximately EUR 45 million in the third quarter.

Today's sale of this financial asset supports Philips' ongoing moves to focus on the company's key business activities. Prior to this transaction, Philips held 3.1 percent of GN Great Nordic's outstanding shares.

About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30.3 billion in 2004. With activities in the three interlocking domains of healthcare, lifestyle and technology and 159,709 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at www.philips.com/newscenter notas_de_prensa_archivo