Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Danaher Corporation    DHR

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

X-Rite Agrees To Be Acquired By Danaher In $478 Million Deal

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/10/2012 | 02:45pm CEST

Color-measurement technology company X-Rite Inc. (XRIT) agreed to be acquired by diversified manufacturer Danaher Corp. (>> Danaher Corporation) in a deal valued at $478 million.

The $5.55-a-share offer represents a 39% premium to Monday's closing price. X-Rite shares closed Monday at $4 each and were halted in recent premarket trading. The stock is down 14% this year.

X-Rite Chief Executive Thomas J. Vacchiano Jr. said that joining Danaher will give the company--known for Pantone color matching system--resources to achieve its growth goals, expanded access to new market and complementary technologies.

After the deal closes, anticipated in the current quarter, X-Rite will operate as a standalone unit in Danaher's product identification group and existing management will remain in senior leadership positions.

Danaher expects the acquisition will complement its Esko digital packaging design capabilities and further its leading position in the product identification industry. The diversified toolmaker has been relying on acquisitions to bolster a slow-growing revenue base.

Including debt assumption and net of cash, the deal is valued at a total of $625 million.

Danaher shares closed Monday at $54.59 and were inactive in recent premarket trading.

-By Tess Stynes, Dow Jones Newswires; 212-416-2481; [email protected]

Stocks mentioned in the article : Danaher Corporation
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DANAHER CORPORATION
05/17 Toothwash Equipment Market 2017 - a-Dec, 3M Company, Biolase, Planmeca Oy, Da..
05/15 DANAHER : To Present At Electrical Products Group Conference
05/11 DANAHER CORPORATION (NYSE : DHR) Files An 8-K Departure of Directors or Certain ..
05/11 DANAHER CORP /DE/ : Change in Directors or Principal Officers, Submission of Mat..
05/11 DANAHER : Announces quarterly dividend
05/10 DANAHER : To Present At Bank Of America Merrill Lynch Health Care Conference
05/09 DANAHER : Announces Quarterly Dividend
05/04 FORTIVE : Reports First Quarter 2017 Results
04/27 INSIDER TRADING ACTIVITY DANAHER CO. : DHR) – EVP Sold 17,444 shares of St..
04/20 DANAHER CORPORATION (NYSE : DHR) Files An 8-K Results of Operations and Financia..
More news
Sector news : Advanced Medical Equipment & Technology - NEC
08:48aDJFirms Persuade SEC on Profit Metric -- WSJ
05/22DJCompanies Are Winning the Battle Over Adjusted Earnings
05/17 PHILIPS CEO : uptake of connected care products progressing slowly
05/15DJMARKET SNAPSHOT : Stock Market Sets Fresh Records As Oil Rallies
05/15 Thermo Fisher to buy Patheon for $5.2 billion to expand biopharma services
More sector news : Advanced Medical Equipment & Technology - NEC
News from SeekingAlpha
01:48p Danaher Corporation (DHR) Presents At Electrical Products Group 2017 Annual S..
05/21 Tracking Dan Loeb's Third Point Portfolio - Q1 2017 Update
05/17 Closer To 'Go Time', GenMark Diagnostics' Ability To Execute Is Still A Key Q..
05/14 Tracking Ruane, Cunniff & Goldfarb's Portfolio - Q1 2017 Update
05/10 Tracking The Parnassus Core Equity Fund - Q1 2017 Update
Advertisement
Financials ($)
Sales 2017 17 961 M
EBIT 2017 3 223 M
Net income 2017 2 262 M
Debt 2017 8 855 M
Yield 2017 0,68%
P/E ratio 2017 26,01
P/E ratio 2018 22,37
EV / Sales 2017 3,70x
EV / Sales 2018 3,36x
Capitalization 57 550 M
More Financials
Chart DANAHER CORPORATION
Duration : Period :
Danaher Corporation Technical Analysis Chart | DHR | US2358511028 | 4-Traders
Full-screen chart
Technical analysis trends DANAHER CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Average target price 91,8 $
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas Patrick Joyce President, Chief Executive Officer & Director
Stephen M. Rales Chairman
Daniel L. Comas Chief Financial Officer & Executive Vice President
Alan G. Spoon Independent Director
Donald Jerry Ehrlich Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DANAHER CORPORATION6.51%57 550
THERMO FISHER SCIENTIF..21.97%67 329
BOSTON SCIENTIFIC CORP..23.90%36 700
PHILIPS9.45%33 178
INTUITIVE SURGICAL, IN..40.66%32 863
ILLUMINA, INC.38.25%25 591
More Results