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Previous deal to sell LED unit to Chinese investors was blocked by US regulators
Selling Lumileds to focus on health is still the right thing to do
Buyers and sellers kept in the dark over why deals are rejected
Initial public offering should involve a minority stake in maker of LEDs and conventional bulbs
The divestment of the lighting business will take longer, but should still be worth it
Plans to restructure conglomerate have been hit by failure of deal to sell light emitting diode unit
Deal had been a key part of Dutch conglomerate’s efforts to focus on healthcare
International Edition