Yesterday, Philips Lighting’s Annual General Meeting of Shareholders approved the company’s name change from Philips Lighting to Signify. Signify (Euronext: LIGHT) will continue to use the Philips brand for its products under the existing licensing agreement with Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology. Signify expects the name change to be implemented in all the countries in which it operates by the beginning of 2019.
Read the full article on Philips Website here.