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Weekend Digest #258 (Danaher/Veralto Spin, Enbridge, Aggressive Portfolio Trade)

Weekend Digest #258 (Danaher/Veralto Spin, Enbridge, Aggressive Portfolio Trade)

An upcoming spin-off, more Canadian pipelines, and a position swap in the aggressive portfolio.

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Ian Bezek
Sep 11, 2023
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Weekend Digest #258 (Danaher/Veralto Spin, Enbridge, Aggressive Portfolio Trade)
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Danaher Spinning Off Veralto; I Will Hold Both Stocks

Life sciences conglomerate Danaher (DHR), which we recently added to the aggressive portfolio, will be spinning off several of its units on September 30th, 2023.

Danaher, you'll recall, built itself up as an industrial behemoth, acquiring hundreds of different small- to mid-sized businesses over the ye…

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