Report of Foreign Issuer (6-k)
December 17 2014 - 8:44AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
December 17, 2014
Koninklijke Philips N.V.
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(Translation of registrant’s name into English)
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The Netherlands
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Breitner Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands
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(Address of principal executive office)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [x] Form 20-F [ ] Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
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Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: [ ] Yes [x] No
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If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
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“Philips to acquire Volcano to expand global leadership position in image-guided
therapy market”
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Koninklijke Philips N.V.
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Date: 12/17/2014
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By:
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M.J. van Ginneken
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Name:
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M.J. van Ginneken
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Title:
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General Secretary
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EXHIBIT INDEX
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Exhibit No.
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Description
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99
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Press Release
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Philips to acquire Volcano to expand global leadership position in image-guided therapy market
Philips to acquire Volcano for USD 18.00 per share; total transaction value of USD 1.2 billion
(approx. EUR 1 billion), inclusive of Volcano’s cash and debt
Agreement to acquire Volcano, a global leader in catheter-based imaging and measurement solutions
for cardiovascular applications, advances Philips’ focused strategy in image guided therapy
Volcano provides proven clinical development and commercialization capabilities for Philips’ next
generation of imaging and measurement technologies
Philips expects the transaction to accelerate sales growth as combined business is optimally
positioned to address unmet needs in EUR 4 billion image-guided therapy market
Transaction expected to be accretive to Philips EPS by 2017 driven by revenue and cost synergies
Amsterdam, the Netherlands and San Diego, CA, US – Royal Philips (NYSE: PHG; AEX: PHIA) and Volcano
Corporation (NASDAQ:VOLC), a global leader in catheter-based imaging and measurement solutions for
cardiovascular applications, today announced that they have entered into a definitive merger
agreement. Pursuant to the agreement, Philips will commence a tender offer to acquire all of the
issued and outstanding shares of Volcano for USD 18.00 per share, or a total equity purchase price
of USD 1 billion (approx. EUR 800 million), to be paid in cash upon completion. The board of
directors of Volcano has unanimously approved the transaction and recommends the offer to its
shareholders. The transaction is expected to close in the first quarter of 2015.
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