8-K/AAcquisitions & DispositionsExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K/A Report, Acquisition Completed (Sep 5, 2012)

Filed September 5, 2012For Securities:A

Summary

Agilent Technologies, Inc. filed an amended 8-K report on September 5, 2012, to provide the required financial statements and pro forma information concerning its acquisition of Dako A/S. The acquisition, completed on June 21, 2012, involved Agilent's wholly-owned subsidiary, Agilent Europe, purchasing 100% of Dako's share capital for an enterprise value of approximately $2.144 billion in cash, subject to customary adjustments. This filing is crucial for investors as it provides the financial details necessary to understand the impact of the Dako acquisition on Agilent's financial position and future performance. Investors can now review the audited financial statements of Dako for the fiscal year ended December 31, 2011, and the pro forma financial information reflecting the combined entity for various periods. This information is essential for assessing the strategic rationale and financial accretion of this significant acquisition.

Key Highlights

  • 1Agilent Technologies completed the acquisition of Dako A/S on June 21, 2012, for approximately $2.144 billion in cash.
  • 2The acquisition was made through Agilent's wholly-owned subsidiary, Agilent Europe B.V.
  • 3Dako A/S is now a wholly-owned subsidiary of Agilent Europe.
  • 4This amended 8-K filing includes the audited financial statements of Dako A/S for the fiscal year ended December 31, 2011.
  • 5Pro forma financial information for the combined entity is also provided for key periods, including six months ended April 30, 2012, nine months ended July 31, 2012, and the year ended October 31, 2011.
  • 6The financial statements and pro forma information are incorporated as exhibits to this report.

Frequently Asked Questions

The main purpose of this amended 8-K filing was to provide the legally required audited financial statements of the acquired company, Dako A/S, and pro forma financial information for the combined entity, which were not included in the initial 8-K filing on July 5, 2012.

The cash enterprise value for the acquisition of Dako A/S was approximately $2.144 billion, subject to post-closing adjustments for working capital and net debt.

The audited consolidated financial statements of Dako A/S for the fiscal year ended December 31, 2011, are provided as Exhibit 99.1. The pro forma financial information for the combined company is attached as Exhibit 99.2.

The acquisition of Dako, a Danish company, represents a significant strategic move for Agilent. While specific details on Dako's business are not in this 8-K, such acquisitions are typically aimed at expanding Agilent's market presence, product portfolio, or technological capabilities, potentially driving future revenue growth and profitability.