Danaher to buy Pall in $13.8bn cash deal, The Edge predicts spinoff

Danaher to buy Pall in $13.8bn cash deal, The Edge predicts spinoff By Anna Nicolaou and Pan Yuk in New York, Senior Staff Writers, Financial Times: Danaher, a US industrial and healthcare equipment company, is to acquire Pall, a maker of water-filtration systems, in a $13.8bn all-cash deal. Announcing the merger on Tuesday, Danaher also said it would split itself into a science and technology company, including Pall, and an industrial company before the end of next year. The price of $127.20 a share represents a 28 per cent premium to Pall’s closing price on Monday, before the Wall Street Journal reported Pall may sell itself....