Danaher plans to spin-off $3B dental segment

Danaher Corp. is moving forward with efforts to spin-off its dental business into a publicly traded company, according to Reuters.

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The company announced the decision July 19. Danaher’s dental business generated nearly $3 billion in sales in 2017.

For Danaher’s shareholders, the transaction will be tax-free. The company expects the spin-off to be complete in the second half of 2019.

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