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MDS Inc. Completes Divestiture of MDS Analytical Technologies

Mon, 02/01/2010 - 11:11am

MDS Inc., a provider of products and services to the global life sciences markets, today announced that it has completed the divestiture of its MDS Analytical Technologies business to Danaher Corporation for $650 million in cash.

"The divestiture of the MDS Analytical Technologies business marks a significant milestone in the Company's repositioning strategy and enables a substantial return of proceeds from the sale to shareholders," said Steve West, Chief Executive Officer, MDS Inc.

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