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☆ ESG tech firm Datamaran gets Fortive backing in latest funding round
▼ + stars: | 2022-09-20 | by ( Juliette Portala | ) www.reuters.com time to read: +2 min

PepsiCo (PEP.O), Walgreens (WBA.O) and Dell also took part in the round, the group said in a statement. Register now for FREE unlimited access to Reuters.com RegisterDatamaran's technology identifies over 400 external risk factors that could impact a company's value, including those related to technological innovation and geopolitical issues, by scanning regulatory, media and corporate disclosures. "Coming from strategic partners and clients, this funding is a ringing endorsement of Datamaran's benefits," she added. Against this backdrop, regulators are starting to introduce mandatory sustainability disclosures for both companies and funds. ($1 = 0.8797 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala Editing by Simon Jessop and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Danaher's decision to spin off its water business is a win-win for long-term investors
▼ + stars: | 2022-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Danaher 's (DHR) announcement this week that it will spin off its growing water business is a big win for shareholders — including us at the Club. In both cases, after an initial growth hit due to the divestitures, we saw a notable sales growth acceleration once these slower growth business were on their own. More good news: Danaher's management team said 2022 core revenue growth is expected to be above the prior guidance range thanks higher-than-anticipated respiratory testing revenue at Cepheid. Base business core revenue growth is still expected to be up in the high-single-digit range. Whereas, they think EAS has a longer-term core revenue growth profile in the mid-single-digit range.

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