This article was originally published in The Gray Sheet
EG&G completes $425 mil. acquisition of PE's Analytical Instruments business and gains rights to the "Perkin-Elmer" brand name, PE Corp. reports June 1. Announced March 8, the deal consists of $275 mil. in cash and $150 mil. in EG&G debt bearing a 5% coupon having a one-year maturity ("The Gray Sheet" March 15, p. 4)
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Acquisition of NEN Life Sciences from the private equity investment firm Genstar Capital LLC for approximately $400 mil. will expand PerkinElmer's life sciences business and broaden the company's functional genomics and high-throughput screening offerings.
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