Envista Holdings Corporation (NYSE: NVST) (“Envista”) today announced that it is now a fully independent company. The closing of Danaher Corporation’s (“Danaher”) exchange offer completes the journey Envista began in 2018 when its former parent company announced its intention to separate its Dental platform into one of the largest global dental products companies.
As separately announced today, Danaher accepted an aggregate of 22,921,984 shares of Danaher common stock in exchange for all of its 127,868,000 shares of Envista common stock. As a result, Danaher no longer owns any voting or economic interest in Envista common stock.
Full details of the results are available in a separate press release issued this morning by Danaher and on http://investors.danaher.com/envista-exchange-offer.
Source: BioSpace
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