Tuesday, April 26, 2016

Court orders Japan's Funai to pay Philips 135 mln euros over failed 2013 deal

AMSTERDAM, April 26 (Reuters) - Philips said on

Tuesday an arbitration court had ordered Japan's Funai Electric

to pay it 135 million euros ($152 million) over the

2013 collapse of a deal for the Japanese firm to buy a business

from the Dutch company.

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