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07.09.2010 | 08:49
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BRIEF-Philips to book 140 mln euro gain on NXP stake sale

AMSTERDAM, Sept 7 (Reuters) - Philips Electronics NV:

* Philips sells entire nxp equity stake to UK pension fund

* Philips: will make a cash contribution of EUR 350 million, on September 7,

2010 to the philips UK pension fund

* Philips: the sale of nxp shares will lead to a EUR 140 million gain that

philips will report under financial income in Q3

((Amsterdam Newsroom; amsterdam.newsroom@reuters.com; +31 20 504 5000))

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© 2010 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2010-09/17888550-brief-philips-to-book-140-mln-euro-gain-on-nxp-stake-sale-020.htm