Bridgefield Capital Enters into Definitive Agreement to Acquire Philips Emergency Care Business, Global Leader in Saving Lives

WASHINGTON, Jan. 28, 2025 /PRNewswire/ -- Bridgefield Capital, a private investment firm specializing in corporate carve-outs and special situations, announced today that it has entered into a definitive agreement to acquire the Philips Emergency Care Business from Royal Philips N.V. (NYSE: PHG). The transaction is expected to close later in 2025, subject to satisfaction of certain closing conditions and customary regulatory approvals. Terms of the transaction were not disclosed.

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