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 CET

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; Tess.Stynes@dowjones.com

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
02/23 DANAHER : Announces Appointment of Raymond C. Stevens, Ph.D. to Danaher Board
02/23 DANAHER : Announces appointment of raymond c. stevens, ph.d. to danaher board
02/23 DANAHER : Announces quarterly dividend
02/22 DAILY DIVIDEND REPORT : Dhr, etn, xel, mic, ago, de
02/22 DANAHER CORPORATION (NYSE : DHR) Files An 8-K Departure of Directors or Certain ..
02/22 DANAHER CORP /DE/ : Change in Directors or Principal Officers (form 8-K)
02/22 DANAHER : DE/ MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RE..
02/21 DANAHER : Announces Appointment of Raymond C. Stevens, Ph.D. to Danaher Board
02/21 DANAHER : Announces Quarterly Dividend
02/16 DANAHER : To Present At Barclays Industrial Select Conference
More news
Sector news : Advanced Medical Equipment & Technology - NEC
02/09 Infineon, Cree warn U.S. might block Wolfspeed deal
02/02 EU probes online sales in electronics, video games, hotels
01/31DJTHERMO FISHER SCIENTIFIC : Earnings, Sales Rise
01/30DJEUROPEAN MORNING BRIEFING : Corporate Events
01/24DJINTUITIVE SURGICAL : Profit Rises 7%
More sector news : Advanced Medical Equipment & Technology - NEC
News from SeekingAlpha
07:54a Premarket analyst action - healthcare
02/21 Danaher Corporation declares $0.14 dividend
02/21 Life As An Enemy Of The People
02/20 METTLER-TOLEDO : Trying To Determine An Entry Point
02/14 THE POWERSHARES GLOBAL WATER PORTFOL : The Global Version Of Mediocrity
Advertisement
Financials ($)
Sales 2017 17 863 M
EBIT 2017 3 225 M
Net income 2017 2 345 M
Debt 2017 8 824 M
Yield 2017 0,63%
P/E ratio 2017 26,64
P/E ratio 2018 22,84
EV / Sales 2017 3,79x
EV / Sales 2018 3,47x
Capitalization 58 885 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
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 90,6 $
Spread / Average Target 6,4%
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 CORPORATION8.94%58 885
THERMO FISHER SCIENTIF..11.99%62 702
BOSTON SCIENTIFIC CORP..16.32%33 334
INTUITIVE SURGICAL, IN..15.95%28 522
PHILIPS-3.22%27 544
ILLUMINA, INC.26.76%23 556
More Results