July 19, 2018 / 10:13 AM / a month ago

Danaher Corp to spin-off dental business

July 19 (Reuters) - Medical device maker Danaher Corp said on Thursday that it plans to spin-off its dental business, which had annual sales of nearly $3 billion in 2017, into a publicly traded company.

The transaction will be tax-free to Danaher shareholders and is expected to be completed in the second half of 2019. (Reporting by Manas Mishra in Bengaluru; Editing by Bernard Orr)

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