Davis Polk is advising EQT V in connection with its sale of Dako A/S to Agilent Technologies Inc. for a total enterprise value of 12.8 billion Danish kroner ($2.2 billion). The transaction is subject to satisfaction of customary closing conditions.
EQT is a private equity group in Northern Europe with close to €18 billion in raised capital. Dako is a Denmark-based global leader in tissue-based cancer diagnostics, providing know-how, reagents, instruments and software to hospitals and research laboratories worldwide. Agilent Technologies provides measurement technology for chemical analysis, life sciences, electronics and communications applications.
The Davis Polk corporate team includes partner Jeffrey R. O’Brien and associates Joanna A. McGinley and Brandon Schubert. Counsel Stephen M. Pepper is providing antitrust advice. Partner Neil Barr and associate William A. Curran are providing tax advice. Members of the Davis Polk team are based in the London and New York offices.
