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Transactions

Aug. 28, 2001

Sullivan & Cromwell: DUTCH COMPANY COMPLETES PURCHASE OF AGILENT GROUP

Royal Philips Electronics N.V. has completed its acquisition of the Healthcare Solutions Group from Palo Alto's Agilent Technologies Inc. The companies announced the cash deal worth $1.7 billion in November.

        Royal Philips Electronics N.V. has completed its acquisition of the Healthcare Solutions Group from Palo Alto's Agilent Technologies Inc. The companies announced the cash deal worth $1.7 billion in November.
        Agilent Technologies received cash proceeds of $1.6 billion on Aug. 1 and will get an additional $100 million after meeting certain post-closing conditions.
 ...

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