BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition - S&P Global Ratings’ Credit Research

BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition

BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition - S&P Global Ratings’ Credit Research
BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition
Published Jan 20, 2006
416 words — Published Jan 20, 2006
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Abstract:

NEW YORK (Standard&Poor's) Jan. 20, 2006--Standard&Poor's Ratings Services said today that Danaher Corp.'s (A+/Stable/--) announcement that is has reached an agreement to an all-cash offer of roughly $634 million to acquire unrated First Technology plc has no immediate impact on our ratings on the Washington, D.C.-based diversified industrial manufacturer. First Technology, with revenues of approximately $290 million for fiscal 2005 (ended April 30), is a global leader in gas instrumentation and sensors (about 51% of sales), a manufacturer of sensors and crash switches for the automotive markets (32% of sales), and a leader in the automotive crash testing market (17% of sales). We believe that the gas instrumentation and sensing business would be the most meaningful

  
Brief Excerpt:

RESEARCH BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition Publication date: 20-Jan-2006 NEW YORK (Standard & Poor's) Jan. 20, 2006--Standard & Poor's Ratings Services said today that Danaher Corp.'s (A+/Stable/--)...

  
Report Type:

Bulletin

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GICS
Health Care Equipment (35101010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition" Jan 20, 2006. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Danaher-Corp-Ratings-Unaffected-By-First-Technology-Acquisition-488689>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Danaher Corp. Ratings Unaffected By First Technology Acquisition Jan 20, 2006. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Danaher-Corp-Ratings-Unaffected-By-First-Technology-Acquisition-488689>
  
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