Agilent to split into two publicly-traded companies

|About: Agilent Technologies Inc. (A)|By:, SA News Editor

Agilent (A) plans to separate into two publicly-traded companies: one in life sciences, diagnostics and applied markets that will retain the Agilent name, the other that will be comprised of Agilent's current portfolio of electronic measurement products.

The separation is expected to occur through a tax-free pro rata spinoff of the EM company to Agilent shareholders.

The spinoff is not anticipated to impact Agilent's FY 2013 guidance; the company expects to incur one-time charges related to the transaction during the periods preceding the separation, to be quantified at a later date.

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