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Stock impact report

Agilent to acquire privately held BioTek instruments for $1.165 billion [MarketWatch]

Agilent Technologies, Inc. (A) 
Last agilent technologies, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.agilent.com
Company Research Source: MarketWatch
Agilent to acquire privately held BioTek instruments for $1.165 billion Life sciences company Agilent Technologies Inc. A, -0.12% said Thursday it has agreed to acquire privately held BioTek Instruments for $1.165 billion. Including expected tax benefits, the company expects to pay about $1.05 billion, Agilent said in a statement. BioTek specializes in plate readers and imaging systems and generated revenue of $162 million fiscal 2018 to end December. Revenue is expected to grow about 10% in 2019. The deal is expected to close in Agilent's fiscal fourth quarter and to add 2 cents to 4 cents to fiscal 2020 non-GAAP per-share earnings. Agilent shares rose 0.6% premarket and have gained about 9% in 2019, while the S&P 500 SPX, +0.19% has gained 19%. Show less Read more
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