No 2 A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest in LED Components and Automotive Lighting Businesses of Philips

A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest, in LED Components and Automotive Lighting Businesses (Lumileds) of Koninklijke Philips Electronics NV (Philips), an Amsterdam-based manufacturer and wholesaler of electronic products, for an estimated $2.9 billion.

Transaction value: $2.9 billion

Philips CEO Frans van Houten holds a personal wireless lighting system which can be operated with a smart phone, as he poses for .graphers prior to a press conference in Amsterdam, Netherlands,  Jan 29, 2013. [Photo/IC]