Reported 12 months ago
U.S. asset management firm Artisan Investments has increased its stake in Philips to 10%, leading to a rise in the healthcare technology group's shares. Artisan now owns 10% of Philips, equivalent to 94.13 million shares, after boosting its holdings following Philips' Q1 results. This move signals confidence in Philips' strategy and plan, making Artisan the second-largest shareholder behind Exor.
Source: YAHOO