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Full Credential Description
Saeco International Group S.p.A.. Italy, Netherlands. Announced Date 25/05/2009. Closed Date 24/07/2009. Deal value: $869m. Philips has bought Saeco's financial indebtedness from lenders acquiring full control of the company via debt-for-equity swap. Industry: Saeco International Group S.p.A. is a manufacturer of espresso machines and other coffee-related appliances.