Furukawa Electric to Acquire Philips Subsidiary SuperPower

Furukawa Electric Co. agreed to acquire SuperPower Inc., a subsidiary of Royal Philips Electronics NV, for an undisclosed amount, according to a statement to the Tokyo Stock Exchange today.

To contact the reporter on this story: Go Onomitsu in Tokyo at gonomitsu@bloomberg.net

To contact the editor responsible for this story: Gearoid Reidy at greidy1@bloomberg.net

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