Stibbe assists Funai on its global acquisition of Philips's lifestyle entertainment business
Matter
Advising the Japanese consumer electronics company Funai in the bidding process and negotiations to acquire Philips's lifestyle entertainment business globally (including audio, video, multimedia, and accessories) involving 14 jurisdictions.
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The team, consisting of Brussels and Amsterdam lawyers, assisted Funai in the drafting and negotiation of IP/IT licensing and distribution agreements and of a disentanglement scheme including a Transitional Services Agreement and full set of Service Level Agreements.
