TRC Withdraws Its Offer for Koninklijke Philips Electronics N.V.

TRC Withdraws Its Offer for Koninklijke Philips Electronics N.V.

ID: 114092

(Thomson Reuters ONE) -


TORONTO, ONTARIO--(Marketwire - February 13, 2012) - TRC Capital Corporation
(TRC) announced today that it has withdrawn its tender offer of US$19.25 per
share in cash for up to 4,000,000 New York Registry Shares of Koninklijke
Philips Electronics N.V. ("Philips"). No shares of Philips have been deposited
to the offer as of February 13, 2012.

TRC Capital Corporation is a private investment corporation that manages a
diverse investment portfolio focusing on manufacturing, commodity,
pharmaceutical and basic industries.


Contact Information

TRC Capital Corporation
Lorne H. Albaum
CEO
(416) 304-1932







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: TRC Capital Corporation via Thomson Reuters ONE

[HUG#1585281]




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Bereitgestellt von Benutzer: hugin
Datum: 13.02.2012 - 23:22 Uhr
Sprache: Deutsch
News-ID 114092
Anzahl Zeichen: 1289

contact information:
Town:

Toronto



Kategorie:

Business News



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