Thursday, May 17, 2012

Reuters: Private Equity: Agilent, EQT to buy Denmark's Dako for $2.2 bln

Reuters: Private Equity
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Agilent, EQT to buy Denmark's Dako for $2.2 bln
May 17th 2012, 11:11

Thu May 17, 2012 7:11am EDT

May 17 (Reuters) - Electronics testing equipment maker Agilent Technologies Inc, backed by Sweden-based private equity group EQT, would buy Denmark-based cancer diagnostics company Dako for $2.2 billion in cash.

The deal, which is expected to close in two months, will immediately add to Agilent's adjusted earnings, Agilent said.

Dako provides antibodies, reagents, scientific instruments and software mainly to customers in pathology laboratories.

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