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Philips to raise up to 844 million euros in lighting IPO

U.S. News

Dutch electronics giant Royal Philips NV has set the price for the initial public offering of its lighting division, saying it will sell 25 percent of shares at a price between 18.50 and 22.50 euros ( 20.96-25.50). The company said Monday the IPO will likely be held Friday, May 27, on Amsterdam's Euronext exchange and will raise around 694-844 million euros ( 786-956 million). Philips, which started life in 1891 making carbon filament lamps, announced earlier this month that it planned to spin off its iconic lighting division so it can focus on its future as a health technology provider. The decision brought to an end a long and fruitless search by Philips for a buyer for the lighting division. This material may not be published, broadcast, rewritten or redistributed.


9 pro tips for choosing kitchen lighting

FOX News

Pendants, uplights, downlights, LEDs -- are you confused by all the options out there in kitchen lighting when it comes to creating the illumination you need to prep, cook and dine? We've asked expert Ben Mills to explain the different lighting types and the main things to consider in planning an effective design. Why is kitchen lighting so important? For most of us, the kitchen is the workhorse of the home and a busy spot from morning till night. Good lighting is essential, as it allows you to perform tasks such as prepping food and cleaning up safely, says Mills, executive general manager at Australia's Crompton Lighting.


74% off Vansky Bias Lighting for HDTV USB LED Multi Color Strip Accent Lighting - Deal Alert

PCWorld

This bias lighting strip, currently discounted by 74% on Amazon from $49.99 down to just $12.99, reduces eye-strain caused by differences in picture brightness from scene to scene in movies, shows and games, by adding a subtle backlight to your monitor or TV. The LED lights can be changed with up to 20 color selections customizing and setting the mood of your workspace. The strip is easy to install and can be cut to size and plugs directly in the USB port of the TV or monitor. The Vansky Bias Lighting Strip currently averages 4.5 out of 5 stars (read reviews). This story, "74% off Vansky Bias Lighting for HDTV USB LED Multi Color Strip Accent Lighting - Deal Alert" was originally published by TechConnect.



54% off Vansky Bias Lighting for HDTV USB LED Multi Color Strip Accent Lighting - Deal Alert

PCWorld

This bias lighting strip, currently discounted by 54% on Amazon from 49.99 down to just 22.99, reduces eye-strain caused by differences in picture brightness from scene to scene in movies, shows and games, by adding a subtle backlight to your monitor or TV. The LED lights can be changed with up to 20 color selections customizing and setting the mood of your workspace. The strip is easy to install and can be cut to size and plugs directly in the USB port of the TV or monitor. The Vansky Bias Lighting Strip currently averages 4.5 out of 5 stars (read reviews).