Monday, 02 July 2007

UPDATE 1-Thomas & Betts to buy Danaher's power quality unit

(Reuters) - Separately, the electrical components maker also said it
acquired Drilling Technical Supply SA, a privately held French
manufacturer of hazardous lighting and electrical controls, for
about $20 million.




For 2007, the acquisitions will contribute about $70
million to revenue and have a negligible net impact on earnings
per share due to the amortization of acquisition-related
intangible assets, the company said in a statement.


Read more at Reuters.com Mergers News

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