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Royal Philips Electronics - Cash contribution to the Philips UK pension fund
Slaughter and May is advising Royal Philips Electronics in relation to its cash contribution of EUR 350 million to the Philips UK pension fund and the fund's use of that contribution to purchase from Philips its entire equity stake in Nasdaq-listed, NXP Semiconductors NV.
The transaction was announced on 07 September 2010.
Contacts
Simon Nicholls (partner), Christian Boney (associate); Pensions & Employment: Roland Doughty (partner), Sandeep Maudgil (partner), Katy Band (associate)
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