Moody's: PerkinElmer unchanged

Moody's Investors Service said that there are no changes to the ratings or outlook of PerkinElmer, Inc. following the announcement of two acquisitions for total consideration of $220 million.

PerkinElmer's senior rating is Baa3 and the outlook is stable.

The announcement is consistent with PerkinElmer's stated strategy to reinvest the proceeds of business divestitures in its core human health and environment health markets, Moody's said.

The company's liquidity profile will weaken following the acquisitions, the agency added.

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