New York, February 01, 2016 -- Moody's Investors Service placed the ratings of Alere, Inc. ("Alere") under review for upgrade, including the company's B2 Corporate Family Rating and B2-PD Probability of Default Rating. Instrument ratings placed under review for upgrade include those for the Ba3 senior secured first lien credit facilities, B3 senior unsecured notes, and Caa1 senior subordinated notes. Moody's concurrently affirmed Alere's speculative grade liquidity rating of SGL-1. This action follows the announcement that Alere has entered into a definitive agreement to be acquired by Abbott Laboratories ("Abbott"). The transaction is valued at approximately $8.4 billion to be funded with 5.8 billion in cash and the assumption of about $2.6 billion in net debt.

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