U.S. diversified industrial company Danaher Corp. has announced an agreement to acquire U.S.-based filtration and separation equipment and products manufacturer Pall Corp. for a total consideration of $13.8 billion. Danaher also announced its intention to separate into two independent, publicly traded companies by the end of 2016. We are placing all our ratings, including our 'A+' corporate credit rating, on Danaher on CreditWatch with negative implications. We expect to resolve the CreditWatch listings after reviewing the proposed transactions in detail. NEW YORK (Standard&Poor's) May 13, 2015--Standard&Poor's Ratings Services today placed its ratings on Danaher Corp., including the 'A+' corporate credit rating, on CreditWatch with negative implications, following the company's announcements that it has entered into a
