Windsor, Alberta 1/13/2010 12:25:00 AM
News / Business

Danaher (NYSE: DHR) Completes Offer for Genetix Group plc

Danaher Corporation (NYSE: DHR) recently shared that it has acquired and received acceptances in respect of approximately 97% of the currently issued shares of Genetix Group plc (GTX: AIM) in relation to its previously announced offer dated December 18, 2009.

 

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Danaher intends to acquire any common shares of Genetix that remain untendered through the compulsory acquisition provisions of the applicable UK companies’ legislation. Danaher (NYSE: DHR), based in Washington. D.C., is a diversified technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. Our portfolio of premier brands is among the most highly recognized in each of the markets we serve. Driven by the Danaher Business System, our 50,000 associates serve customers in more than 125 countries and generated $12.7 billion of revenue in 2008.

 

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