Friday, July 6, 2007

Philips to take 35 mln euros charge on Medquist

(Reuters) - Philips added that it may divest its stake in Medquist,
which recently filed its results for 2003-2005 with the U.S.
Securities and Exchange Commission.




"Philips is reviewing all of its future options for its
approximate 70 percent stake in MedQuist, as Philips views this
stake as a non-core holding," Philips Chief Financial Officer
Pierre-Jean Sivignon said in a statement.


Read more at Reuters.com Mergers News

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