Philips' $3 billion Lumileds Deal Blocked by US

Royal Philips (Amsterdam, The Netherlands) has announced that a deal to sell an 80.1 percent interest in Lumileds, a vendor of LED-based lighting, has been terminated, because of concerns within the Committee on Foreign Investment in the United States (CFIUS).

from EETimes: http://ift.tt/1lMvhVF
via Yuichun