Danaher to buy Nobel Biocare Holding for $2.2 billion including debt

[riky]

Danaher to buy Nobel Biocare Holding for $2.2 billion including debt

<p><a href="http://news.yahoo.com/danaher-buy-nobel-biocare-holding-2-2-billion-053939854--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/VUHDxNaqh6bt6rmkABb_Lg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-09-15T053939Z_2_LYNXMPEA8E04V_RTROPTP_2_NOBELBIOCARE-TURNAROUND.JPG" width="130" height="86" alt="Logo of Swiss medical device maker Nobel Biocare is pictured at the company's headquarters in Zurich" align="left" title="Logo of Swiss medical device maker Nobel Biocare is pictured at the company's headquarters in Zurich" border="0" /></a>Danaher said it will offer 17.10 Swiss francs per Nobel Biocare share, representing a 7 percent premium to the current 60 day volume weighted average (VWAP) share price and a 28 percent VWAP premium before July 29, when Nobel Biocare said it was in early stage talks over a potential sale. Shares in Nobel Biocare closed up at 18.10 francs on Friday. The deal, which has been recommended by Nobel Biocare's board of directors, is expected to be completed in late 2014 or early 2015.</p><br clear="all"/>

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