Tagged DHR

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Danaher to Spin Off Dental Unit

WASHINGTON, July 19, 2018 /PRNewswire/ — Danaher Corporation (NYSE: DHR) today announced its intention to spin off its Dental segment into an independent, publicly-traded company (“DentalCo”). The transaction is intended to be tax-free to Danaher shareholders and expected to be completed in the second half of 2019. “This is an important step towards realizing even greater potential…

Danaher to Spin Off Industrial Businesses

Danaher Corporation intends to separate the company into two independent, publicly traded companies. A science and technology growth company that will retain the Danaher name. Collectively, its businesses generated approximately $16.5 billion in annual revenues (including Pall Corporation, which Danaher has signed an agreement to acquire).  NewCo will retain Danaher’s diversified industrial businesses that generated approximately $6.0…