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Philips shares soar on $1.1bn DOJ settlement

Published by Benjamin Chiou on 29th April 2024

(Sharecast News) - Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by more than a third on Monday morning.

URL: http://www.digitallook.com/dl/news/story/34252788/...

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